Word: gambit
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...opening gambit to test a new administration in Washington, Pyongyang is being typically audacious. The North Korean government probably noted with interest that in its immediate reaction, the White House insisted that the North "abandon the development of weapons of mass destruction." It said nothing about destroying the small arsenal of nuclear weapons the North already possesses. Analysts in Seoul wondered whether that was deliberate - a signal that Washington not only still wanted to talk, but that it might be flexible about how the North can stand down its weapons program. Because at some point, new talks, despite the launch...
...Recognizing that their bill was just an opening gambit, the two House Democrats notably left open one of the most controversial questions: whether, under a carbon cap-and-trade system, to auction off pollution credits to companies, as Obama's plan would do with 100% of them, or to give away some or all at no cost. If even a portion of the credits are auctioned off, the scheme could produce hundreds of billions of dollars in revenues, since almost every big company in America would need to buy the credits to initially comply with the more stringent standards...
...Schafik Handal - and went on to be crushed by the ARENA incumbent. This time, the right-wing party managed to narrow Funes' early lead in the polls by painting him, often maliciously, as a puppet of the more radical Latin left led by Venezuelan President Hugo Chavez. The Chavez gambit may have helped defeat the leftist candidate in Mexico's presidential election in 2006, but it didn't work in El Salvador on Sunday - chiefly because Funes successfully painted himself as an ally of the more moderate Latin left headed by Brazil's President Luiz Inácio Lula...
Conventional wisdom says globalization is grinding to a halt. Supposedly, the recession means free trade is down, the worldwide gambit is over, and open markets lost: Protectionism is up, isolation is on the onset, interventionist states won, and we’re spiraling into a 1930s-style “save-yourself” vortex. In the past few weeks, two articles in the most popular globalization-advocacy journal—The Economist—have specifically bemoaned the coming tide of “global disintegration” and the specter of worldwide “economic nationalism...
...sudden ultimatum, which came less than 24 hours after unprecedented public criticism was voiced by German Chancellor Angela Merkel, raises more questions than it answers. Why did it take so long? How will Williamson specifically and the Lefebvrites in general react? Could this scuttle the Pope's high-stakes gambit to end the excommunication of the breakaway bishops, leaving him permanently damaged both inside and outside the Vatican walls? But perhaps the starting point would be to ask: Who is steering the ship for Benedict during what is turning into the most turbulent crisis of his papacy...