Word: gap
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...INDICATORS A Special Relationship America 's trade deficit rose to an all-time high of $43.1 billion in January, while Britain 's trade gap hit its own record, $10.1 billion, for the same month...
...unenthusiastic comments of so many Putin voters show, there may be an epic gap between the expectations of Western commentators and of ordinary Russians. In an analysis in Foreign Affairs, Andrei Shleifer and Daniel Shleifer argue many of these Western critics have simply projected unreasonable expectations of Russia's post-communist era. They maintain that contemporary Russia's mix of authoritarianism and democracy, its nationalist disposition and even its levels of corruption and criminality put in very much on a par with states of equivalent economic status. Russia's strategic nuclear missile fleet may have once made it a geopolitical...
...Bush has a credibility gap, it was manufactured by the Democratic Party. If the U.S. military finds a stash of weapons of mass destruction (WMD) in Iraq--and that's still possible--what would the Democrats' line of attack be then? WMD are secondary to what Saddam Hussein did to Iraq. If the Dems want to make an issue about the war, then they deserve what happens to them in the November elections. DAVID HUTCHINSON Windsor Locks, Conn...
Bush doesn't have just a credibility gap; it's a credibility chasm bigger than the Grand Canyon. It started when Bush campaigned as a "compassionate conservative," escalated the day he claimed victory in the 2000 presidential election; rocketed off the charts as he took the oath of office and promised to preserve, protect and defend the Constitution; and has continued unabated. CHRIS FINNIE Boulder Creek, Calif...
...spread between operating and GAAP earnings really got out of whack from 2000 to 2002. Fortunately, the GAAP gap is narrowing. The spread was 13% for 2003, compared with an astonishing 75% in the fourth quarter of 2002, says Howard Silverblatt, market equity analyst at Standard & Poor's. That convergence bodes well for earnings quality, he says, although profits posted don't always tell the whole story...