Word: fates
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...advanced American interests, military and economic, along with those of others. Today, the U.S. is more prone to rend than to mend the international fabric. But why should Gulliver bear the ropes? Easy. Better to contain yourself than to have others gang up on you. This has been the fate of all hegemonic powers from Napoleon's France to Stalin's Russia. Gulliver did well for himself by doing good for others. He got into trouble when he forgot etiquette and emptied his bladder on the royal palace of the Lilliputians...
Sometime this summer, Cianci's legal fortunes will be put in the hands of the jury. If he survives, his political fate will be up to the voters in November, which is why he rarely misses a chance to remind people what Providence was like pre-Buddy. At a reception, he beckons me to a plate-glass window on the 17th floor of the Biltmore Hotel, where he happens to live. "I love this view," he says, gesturing with a glass of '98 Louis Bernard Chateauneuf du Pape. "That was a brownfield," he says of the picturesque street being plied...
...everyone is so gloomy. Barton Biggs, chief global strategist and longtime bear at Morgan Stanley, says the "lows should hold, but it will be scary." Richard Bernstein, market analyst at Merrill Lynch, expects the nasdaq to drop to new lows. He sees the broader market avoiding that fate yet delivering subpar returns for the next few years. He and others are concerned that many stocks remain expensive relative to earnings. The S&P 500 trades at 28 times last year's earnings. A multiple of 18 to 20 would be normal coming out of a recession. Investors normally focus...
...Kashmiris are a people in-between, stuck in the vise of a vicious, intractable geopolitical mess, and even when they leave, their fate sometimes follows. Syed Shahnaaz Qadiri decided to move out of Kashmir four years ago. His choice was to go to another state, where the school years start and end on time and students aren't afraid to walk to class. But Qadiri is a Kashmiri Muslim. He chose a college near Ahmadabad, the main city in the western Indian state of Gujarat. Two months ago, a mob of Muslims torched a train carriage near Ahmadabad, killing...
...quarantined after 38 were struck down by a contagious gastric illness. CHINA Confusion Says Three North Koreans who sought asylum in a U.S. consulate in Shenyang, and two others at the Canadian embassy in Beijing, were finally allowed to fly to South Korea via Singapore. But confusion surrounded the fate of five other North Korean defectors seized by Chinese police in the grounds of the Japanese consulate in Shenyang. Japan demanded the Chinese hand them back, but talks over their fate stalled, straining already tense relations. EAST TIMOR New Nation Almost three years after residents braved a hostile militia...