Word: fearfully
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Reflecting the Rooseveltian view that "we have nothing to fear but fear itself," global stock markets rallied Tuesday for the second straight day, amid a flurry of government moves to prevent rocked financial and banking systems from collapsing. Less than a day after European leaders revealed a collective commitment of more than $1 trillion in capital injections and interbank loan guarantees, a 14% bound by Tokyo's Nikkei index led surges across Asia. Bourses in Europe also opened with renewed gains ahead of Wall Street's 3.8% opening spurt. Yet the burst of renewed confidence inspired sober observers to take...
That will take time, but for now, most observers air cautious optimism that the government responses have turned the corner on the crisis. According to economist Jacques Mistral, head of economic research for the French Institute on Foreign Relations, the general fear that caused the bearish epidemic pushed markets so low that traders were already looking for a bottom from which to rebound...
...slower growth at Google, Intel's after-the-bell third-quarter earnings report, and how much companies will be investing in technology next year. Though a sharp drop, it was a hopeful sign that investors may have returned to caring about stocks' fundamentals and have left the sphere of fear that had been dominating the market's swings...
Author Beth Teitell has decided to take on the malady that often afflicts American women: "Fear of looking our age." Teitell, who is 47 ("the youngest I'll ever be again in my life") and writes regularly for the Boston Globe, spent a year exploring the American obsession with youth - the Botox Industrial Complex - for her new book, Drinking Problems at the Fountain of Youth (William Morrow). TIME Reporter Andrea Sachs caught up with Teitell by phone at her home in Boston...
...zone. He said that thousands of pounds of coca leaves and chemicals for making cocaine were found in one Shining Path camp. He accused Shining Path allies of propagating false allegations that soldiers had caused the disappearance of 11 people. The guerrillas and their associates, said the general, fear that a long-term military presence will destroy the illicit drug business and their livelihoods. Said Guibovich: "I can categorically say that there have been no illegal detentions, no disappearances. This is a smear campaign by narco-terrorists to get us to leave the zone. It is psychological warfare...