Word: interesting
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Dates: during 2000-2009
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China can afford to be in any business for the long haul if it is convinced that it is in its national interest. That cannot be said about any other nation in the world, especially the United States. The American government is putting its money to work trying to save the financial system and millions of jobs...
...only hurdle that stands in the way of China's interest in buying car-company assets in the West is the potential desire of governments in the U.S. and E.U. to block buyouts. That could cause trade friction, but it raises a much greater issue. When there is not enough money to go around, which assets will be protected? The economy has created a situation where many critical industries will have to suffer a substantial number of bankruptcies unless their governments step in. Or their governments can let the Chinese buy them which would likely preserve jobs...
...ever to have an interest in serving your country in the area of economic policy, this was the moment." - on why he wanted to join the Obama Administration under the current economic conditions, (New York Times, April...
...Lebanese have begun modernizing an armed forces so weak and poorly-equipped that when it tried to put down a jihadist uprising in 2007, it had to hand roll bombs off of vintage Vietnam-era helicopters. In the past, such a weak Lebanese army was in the best interest of all the major regional players - from Iran and Syria to Israel and the U.S. - who used the country as a battlefield to settle their own scores. But there is an emerging consensus on all sides that Lebanon needs its own sovereign security forces to keep the country from being inundated...
...Qasab, has, however, gotten his day in court only six months after being arrested, and his verdicts is expected within a year - an efficiency rarely seen in the Indian court system. This trial, however, is the subject of intense international interest. "We have trials that go on for decades," Mehta says, noting that 65% of the people in Indian jails are simply waiting for their court dates. Convictions in the 1993 Mumbai blasts, for example, were handed down after 13 years, in 2006 and death sentences for several of the accused delivered a year later...