Word: hope
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...would be a mistake, however, to interpret the financial world's sanguine reaction to such a serious attack on India's financial and commercial capital as a sign of great hope for India's future. Business comes to India simply because it can't ignore a billion-strong consumer market with an economy growing at 7% a year even in a global recession. But investors have come to realize, as anyone who lives in India has, that the rising superpower once touted at the World Economic Forum in Davos, Switzerland, as "Incredible India" has been oversold. Some of its strengths...
...election of Barack Obama does not represent a "new liberal order" so much as the latest desire to establish responsibility in the congressional playpen. For decades, Americans have voted in politicians with the hope that they would work together for the common good. And for decades, most of these politicians have acted like spoiled, self-interested toddlers. "Change we can believe in"? Our needs are much simpler than that. At this point, we would settle for someone who can persuade Congress to act like adults - and maybe even share. If not, we will be interviewing for a new day-care...
...Saudi," "from Dubai," "from Italy," etc. When you ask a youngster what she dreams of being, she will say "I want to be a nurse, so I can go abroad." The outflow of Filipino workers is about supply and demand. It is about globalisation and economic growth. I just hope that this phenomenon is temporary and our country does not find it has been forced to destroy the fabric of family life. Lisa Crisostomo, RILLAAR, BELGIUM...
...1970s, efforts to turn this local resource into electricity - by drilling holes into underground heat pockets and reservoirs to release pressurized steam that then runs turbines - moved into high gear. Today, if it's not raining or snowing (or both), views from Reykjavik's harbor are relatively clear. Icelanders hope steam can pull them through tough times again. "The Icelandic power industry will be one of the pillars to carry us out of this crisis," says Asgeir Margeirsson, CEO of Geysir Green Energy. As Thorunn Sveinbjarnardottir, Iceland's Environment Minister, puts it: "Icelanders think about this resource in almost biblical...
When the Americans leave: over more than five years, that phrase has cropped up in most of my conversations in Iraq. First spoken in hope, then inevitability, it is now uttered with a sense of urgency--and among some, alarm. Under the terms of the status-of-forces agreement ratified on Nov. 27 by the Iraqi parliament, U.S. troops must leave no later than the end of 2011; a referendum next summer could bring that deadline even closer. As the drawdown gathers speed, it will diminish the U.S.'s ability to influence Iraqi affairs. "Very soon, we will no longer...