Word: globalizing
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...connection between our national security and our economy. In the wake of an economic crisis, too many of our friends and neighbors are out of work and struggle to pay the bills, and too many Americans are worried about the future facing our children. Meanwhile, competition within the global economy has grown more fierce. So we simply cannot afford to ignore the price of these wars...
...Since the days of Franklin Roosevelt and the service and sacrifice of our grandparents, our country has borne a special burden in global affairs. We have spilled American blood in many countries on multiple continents. We have spent our revenue to help others rebuild from rubble and develop their own economies. We have joined with others to develop an architecture of institutions - from the United Nations to NATO to the World Bank - that provide for the common security and prosperity of human beings...
...have not always been thanked for these efforts, and we have at times made mistakes. But more than any other nation, the United States of America has underwritten global security for over six decades - a time that, for all its problems, has seen walls come down, markets open, billions lifted from poverty, unparalleled scientific progress and advancing frontiers of human liberty...
While the Anglophile sheik kept a stiff upper lip, Dubai's inability to pay its debts is a heavy blow to an ego that easily dwarfs Dubai's gleaming new 160-story skyscraper. In the wake of the 2008 global financial meltdown, Sheik Mohammed repeatedly waved off predictions of Dubai's demise, staunchly defended his economic development model and dismissed Western media criticism as a bigoted slur on an Arab success story. "I can safely say that we have succeeded in containing the risks of the global financial crisis in record time," he said last April. Indeed, even...
...around the world. "Inspired by Islamic artifacts," read the sheik's post on Twitter during a visit to the British Museum as share prices from Tokyo to New York City were about to plunge in response to Dubai's announcement. (See a story about Dubai's debacle and the global financial crisis...