Word: grounde
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...criticizing the U.S.? There's a profound awareness that unless we're careful, we're going to look like grandstand critics rather than players. In order to make ourselves a more effective partner, able occasionally to criticize, we in Europe have to be able to do more on the ground ourselves. But Europe's most effective contribution to global security has been the enlargement process in the E.U., a tremendous example of soft power. That's why to turn our back on admitting Turkey would be to reject the most important contribution Europe has made to geopolitics. you say europeans...
...result of hedge-fund clients who didn't pay up after bad trades), but he also went ahead with the IPO even though his top lieutenant, Santo Maggio, was under investigation by the SEC in connection with a stock-manipulation scheme that had driven software firm Sedona into the ground. Refco disclosed the investigation when it went public, saying the case would be resolved. But it never was, raising questions as to whether the IPO should have proceeded with Maggio on board. As for Bennett's debt maneuverings, says futures broker James Mound: "You wonder why someone so wealthy...
...international furor when he decreed that in his prestigious establishment Pluto would no longer be listed as a planet. Henceforth, it would be considered just another ball of ice in the Kuiper Belt, a swarm of debris orbiting the sun out beyond Neptune. He was on firm scientific ground: many professional astronomers have been leaning that way for years. But people evidently had a soft spot for the runt of the planetary litter. Almost overnight, Tyson became the Grinch Who Stole Pluto...
...months before it succumbs to the elements, is covered over by other works or is taken away ("buffed" is the term). "I've had dogs s___ on my work," says Leon Reid, a.k.a. Darius Jones, 26, who makes tiny anthropomorphic figures out of bricks that he mostly places at ground level. "I've had people lock their bikes to pieces I've made. But I guess that's part of what this is all about...
...Miller sees it, "Five thousand years of commodity-price history" says that oil should be priced at the "marginal cost of production"?the price at which it makes sense for companies to find and extract it from the ground. And that, Miller says, is currently about $40 per bbl. Oil has shot way higher for perfectly rational reasons, from booming global demand to Hurricane Katrina's impact on refining capacity, but overseas producers have every incentive to boost supply at today's prices, says Miller, which should make up for existing shortfalls. "Barring an unforeseen event"?another Katrina...