Word: foreigner
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Dates: during 2000-2009
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...shot, especially for pregnant women, many of whom say they are reluctant to receive the new 2009 H1N1 vaccine. "I am already 37 weeks into my pregnancy and haven't fallen sick and have been healthy all along, and I don't see the point of introducing a foreign body into my body," says first-time mother Laurie Koch-Smith, 41, in Westchester County, New York, who says she thinks the risk of H1N1 infection has been overhyped...
...celebration may be premature. As 2008 came to an end, every economy in the region had either slowed sharply or tumbled into outright recession. Far from having the autonomous capacity to decouple from weakness elsewhere in the world, export-led developing Asia had become even more tightly tethered to foreign markets than was the case a decade earlier. The export share of panregional gross domestic product (GDP) hit a record 47% in 2007, fully 10 percentage points higher than the portion in the late 1990s. With approximately 50% of those exports earmarked for the rich countries of the developed world...
...also aimed at deriving maximum support from external demand. A closed capital account and an undervalued renminbi (RMB) were icing on the cake for China's powerful strain of export-led growth. Moreover, to the extent that its currency-management objectives required ongoing recycling of a massive reservoir of foreign-exchange reserves into U.S. dollar - based assets, such capital inflows helped keep longer-term U.S. interest rates at exceptionally low levels. In effect, China's implicit interest-rate subsidy ended up becoming an important prop to bubble-prone U.S. asset markets and, ultimately, for the asset-dependent American consumer...
...hasn't ruled out the option of taking military action against Iran's nuclear program. And while he has focused his energies on trying to kick start the Israeli-Palestinian peace process, his entreaties haven't exactly been well received or borne any fruit. In all these foreign policy quandaries, not to mention North Korea's nuclear program, the President will face ugly choices, none of which will be ameliorated by the kudos of a Nobel Peace Prize. (See TIME's Photoshop imaginings of Obama's other awards...
...Israel and the Arabs And then there's the conflict between Israel and its Arab neighbors, that hardy perennial that has inspired at least four previous Nobel Peace Prize awards. President Obama has little to show for making Mideast peace a foreign policy priority. Israel has bluntly rejected his demand for a complete freeze on settlement activity, and Prime Minister Benjamin Netanyahu refuses to negotiate over Jerusalem and Palestinian refugees despite Obama having named these among the final-status issues on which he hopes to revive talks this month. Palestinian Authority president Mahmoud Abbas is prevaricating on talks, mindful...