Word: foreign
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...country's "Own the Podium" initiative - a $110 million program designed to put Canada on top of the medals table - generated almost as much criticism as podium finishes. The plan limited rivals' access to facilities like the sliding and speedskating tracks, prompting protests from foreign competitors. Some even suggested that it contributed to the tragic death of Georgian luge competitor Nodar Kumaritashvili. Others claimed that it heaped too much pressure on the home nation's athletes. London chair Coe has defended the initiative in recent days; a two-time Olympic track champion, he knows all about high expectations. But managing...
...cash, Prudential said, which would mean swapping huge piles of sterling for dollars. Toss in the relentless pressure from speculators betting on a falling pound, as well as Britain's generally horrible fiscal position, and "sterling has sailed into a perfect storm of negativity," Nick Beecroft, a senior foreign exchange consultant at Saxo Bank, wrote in a research note earlier this week...
...Britain's pound: nasty fronts like this are usually rare, and soon pass. For one, the slide likely had more to do with Prudential's announcement than with intensified concerns about hung parliaments, as was reported widely in the British press, says Daragh Maher, deputy head of global foreign exchange strategy at Credit Agricole in London. In some ways, that's encouraging. If a single opinion poll was able to trigger the kind of slump seen Monday - in a volatile day of trading, sterling eventually closed 1.7% down on the dollar - an actual hung parliament might be expected to cause...
...book's title is an allusion to Obama's American Apology Tour, Romney's catch-all phrase for the president's habit of copping to perceived (or actual) U.S. shortcomings. "Never before in American history has its president gone before so many foreign audiences to apologize for so many American misdeeds, both real and imagined," he writes. "There are anti-American fires burning all across the globe; President Obama's words are like kindling to them." It's tempting to dismiss the section on foreign policy as an attempt to see how many different formulations Romney can use to profess...
...ransom the Khmer Rouge holdouts were demanding. Retired Australian commandos proposed launching a Rambo-style rescue mission. Opportunistic local middlemen muddled the ransom talks, communicating inflated figures to both sides so they could pocket the difference. Wilson's abduction occurred at a time when foreign journalists and adventurous travelers were returning to Cambodia to witness the country's Wild West atmosphere. The nation had just returned to being a nominally self-governed democracy following years of civil war, brutal communist rule and foreign occupation. But large swaths of the country were still held by the ousted Khmer Rouge communists. Eight...