Word: favorities
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...when Clinton went public in isolating Beijing earlier this month, it was clear the diplomatic game had changed, and not in China's favor. Beijing had always had a partner in pushing back against the West's desire for tough sanctions against Iran: Moscow. The Russians don't need Tehran's oil and gas, but they have significant economic interests in Iran, and Vladimir Putin, much more than Hu Jintao & Co., had very much been in the business of sticking a thumb in the eye of the U.S. whenever he could (the default position of pretty much...
...region. Sheik Mohammed al-Maktoum, the Emir of Dubai, is able to take daring risks not just because he is a hereditary ruler, but because he is unaccountable to the vast majority of Dubai residents, 95% of whom are foreign and who live in Dubai subject to his favor. Other places in the gulf have larger native populations, or more active national assemblies than Dubai. While rulers in those places are no doubt authoritarian, they still have to tread more carefully with public opinion, or at least the opinion of the conservative religious, military and business circles that keep them...
...Greece's crisis. All three have displayed better fiscal behavior than Greece, but they suffer from the same disconnect between their dire local economic conditions and the monetary policymakers in Frankfurt with other things on their minds. Meanwhile, a core euro-zone country, Italy, has also fallen out of favor with investors because of its high government debt. In a sure sign that these troubles are serious, market analysts have assigned them a catchy acronym: PIGS, for Portugal, Ireland, Greece and Spain (or PIIGS if you include Italy). In early February, the panic began to spread beyond their borders, with...
...Horns, Hill dispenses with such supernatural supporting players in favor of the big dude himself: the Devil. His main character, Ig Perrish, wakes one morning to discover horns growing out of his head. Suddenly, people begin to tell Ig their deepest, darkest thoughts and all the awful things they've done to others. "I wanted to see, if you knew everyone's worst secrets, could you still love them?" says Hill over burgers and beer at a Boston pub. "Everyone has terrible ideas. And if that's the side of you that the Devil sees, then no wonder he hates...
ElBaradei is unusual by Egyptian political standards. He's an outsider to regime politics - a fact that the state-sponsored press has been quick to use against him. But it's a quality that also works in his favor. ElBaradei served in Vienna as chief of the international nuclear watchdog for 12 years, during which time he gained international recognition for challenging the Bush Administration's claims that Iraq had nuclear weapons ahead of the U.S.'s 2003 invasion. In 2005, ElBaradei was awarded the Nobel Peace Prize for his work to curb nuclear proliferation. Politically, his supporters...