Word: interest
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Dates: during 2000-2009
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...open societies. It was that ideal that brought my Holocaust-survivor grandparents through Ellis Island in 1949 in the hopes of rebuilding their lives and finding better opportunities for their 3-year-old daughter - my mother. These ideals have too often been trampled by greed or myopic self-interest. But the positive impact they have had on the world cannot be denied. Asia has risen to new heights of wealth and power partly because of American policy, consumers and corporate practices. As Singapore's patriarch Lee Kuan Yew once told me, "Without the United States providing security and stability throughout...
...renminbi (RMB) were icing on the cake for China's powerful strain of export-led growth. Moreover, to the extent that its currency-management objectives required ongoing recycling of a massive reservoir of foreign-exchange reserves into U.S. dollar - based assets, such capital inflows helped keep longer-term U.S. interest rates at exceptionally low levels. In effect, China's implicit interest-rate subsidy ended up becoming an important prop to bubble-prone U.S. asset markets and, ultimately, for the asset-dependent American consumer...
...Javanese tradition, but in other respects Indonesia's most feted fashion maestro, 75-year-old Iwan Tirta, is a modernist - responsible for getting batik into the pages of Vogue and onto international catwalks. A Yale graduate destined for legal practice, Tirta switched career paths in the 1960s after his interest in batik was awakened during a research project. Since that time, he has built up an exclusive fashion and homeware label, and contributed to the preservation and advancement of batik-production techniques. Here are some of his inspirations...
...Pentagon's "Don't ask, don't tell" policy. But once again he said nothing specific about how he plans to do that and didn't acknowledge that he already has the statutory power to instruct the Pentagon that investigating service members' sexuality is not in the best interest of the armed forces. Also, he said that gay relationships can be "just as real and admirable" as straight relationships, but he did not say gay couples should be treated equally. Obama, after all, still opposes equal marriage rights...
...minutes later, Press Secretary Robert Gibbs called the President to wake him up with the news, which had been sent around internally to White House staff in an email from Situation Room Staff at about 5 a.m. that read: "Item of Interest: President Obama Wins Nobel Prize." (See pictures of President Obama's first eight months of diplomacy...