Word: grand
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...safety net under financial firms is excessive. One of the things that these governments rarely admit is that they may not have the capacity to borrow in the open debt market the way that the U.S. Treasury can. China may not want to own paper from the Grand Duchy of Luxembourg and it is hard to blame the communist central government in the big Asian country for that. The U.S. is still viewed as unique in both the size of its GDP and its potential to maintain impressive economic growth rates over long periods of time, in large part because...
...himself that not every lecture can be a Nobel winner; some will be less effective than others. Next is reconstruction (R). He parses the weak lecture, learning lessons for the future about what works and what doesn't. Finally, there's perspective (P), which involves acknowledging that in the grand scheme of life, one lecture really doesn't matter...
...English. The most commercial of them promise a new theory of the world: it is flat (economically), America's influence is waning (or waxing), the nature of power is changing, growing softer, more multilateral (or unilateral). Gelb takes a defiant step in the opposite direction, away from gimmicks and grand theories, toward a re-examination of the most basic and eternal tool in the game of nations. He does not dispute that the world has changed: globalization exists, as do Osama bin Laden and dirty weapons. The U.S. no longer possesses the military and economic supremacy it had after World...
...development, Aylett says; the wider engineering sector reinvests just 3%. That emphasis on research has helped motor sport cultivate technologies for use in areas outside racing such as aerospace. Pi Research has an eye on growing its share of business in the defense and marine-craft industries. With Grand Prix teams putting the brakes on spending, diversification may be the best chance for survival. Driving Change A raft of new rules comes into play for the 2009 Formula One season. The pick...
Start with the space: a grand, high-ceilinged dining room in downtown's Hotel California, with a black-and-white tile floor, lush faux-leather booths, refurbished chandeliers and, at its center, an inviting horseshoe bar. This is the second home for the restaurant founded by chef Eric Tucker - a wunderkind whose interest in healthy eating was spurred by a youthful passion for long-distance running and the realization that he was hypoglycemic. (See pictures of San Francisco...