Word: galbraith
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Dates: during 2000-2009
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...bring East Timor $100 million a year for 20 years. But outside the current boundaries, Australia is issuing new exploration licenses and receiving revenue from the Laminaria fields. "Australia is continuing to take oil from the area in dispute at a rate of $1 million a day," says Peter Galbraith, a former U.S. diplomat who leads Dili's negotiators. "Because Australia is depleting the resource, the negotiations are a matter of great urgency." Moreover, discussions on the division of petroleum taxes from the $25 billion Greater Sunrise project-also in the disputed area-have stalled...
...heat. In a chilly conference room at the Hotel Timor, a bespectacled delegate is setting out Australia's position during official talks that are meant to build a permanent legal fence in the sea between his abundant nation and its impoverished near neighbor. East Timor's lead negotiator, Peter Galbraith, is unmoved by the Australian's argument, but now he's roused by a Canberra official's refrain of "I wish I had a dime for every time I've heard that one" in response to Dili's case. Galbraith asks a woman on his team to hand...
BEING A CONSERVATIVE USED TO BE LONELY WORK. WHAT'S IT LIKE NOW? Different. There is a family out there, and a movement, and some very brainy scholars. Not everywhere, of course. At Harvard, I was recently informed by Professor John Kenneth Galbraith, there is not a single professor who backs Bush. He modified that later; he had been guilty of conversational hyperbole. But he pointed to a curious and continuing division in thought between faculties in the elite colleges, and humble folk like...
...closer the Dow gets to making a new assault on 10,000, the quicker investors seem to be unlearning all the lessons from the three-year bloodbath that preceded this year's rally. Morgan Stanley market guru Steve Galbraith grumbles that either the generations have become shorter or investor behavior deemed "once in a generation" has managed to repeat itself twice in four years. "Our biggest fear," he cautions, "is that the lunatic fringe is again engaging in behavior eerily reminiscent of the bubble...
...problem, as Galbraith sees it, is not that the economy isn't improving or that corporate earnings aren't bouncing back. They are. It's that too many investors have been afflicted by a perplexing bout of short-term-memory loss...