Word: islanded
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...Despite the harsh criticism it has endured in the last decade, it was the IMF that stepped in to provide a highly symbolic $2 billion loan to Iceland, which was followed by support from a consortium of Nordic central banks. This has finally eased some pressure on the unfortunate island, but it has left many wondering how this chaos might have been averted. The Icelandic financial services bubble was a ticking time bomb, and the Brown administration in the U.K. behaved amateurishly given the circumstances. but perhaps more importantly, the lesson is that Iceland’s banks should...
...months ago, Ma Ying-jeou was elected president of Taiwan by the largest margin of victory in the nation's history, and a big reason was his bold plan for linking Taiwan more closely to China. Ma believes that improved relations with a rapid-growth China will boost the island's own sagging economy. His program also lent hope that tensions could be reduced between Taiwan and China, which still regards Taiwan as a renegade province and claims sovereignty over the island. In a flurry of new policies, Ma opened Taiwan to Chinese tourists and investors and launched direct flights...
...Rhode Island's unemployment rate is at 8.8%, the highest in the country and well above the national average of 6.1%, according to the most recent data available from the Bureau of Labor and Statistics. But Rhode Island's situation is hardly unique as the effects of the nation's economic downturn gather pace amid the ongoing financial turmoil. Twenty-one states have unemployment rates above the national average, with Michigan and Minnesota showing rates near Rhode Island's to make up the top three. Unemployment figures are certain to rise when the bureau releases its next set of figures...
...With a little help from those stinky, stuper-ruper Bears over in Rhode Island (help in the form of stinking it up, like it usually does) the Crimson could run the table and win the Ivy title...
...hardly seems immune himself. Five weeks before his speech to the Conservative conference, he had enjoyed the hospitality of Rothschild, an old university chum, in Corfu and attended, with Mandelson and a heady mix of the powerful and the outrageously loaded, Elisabeth Murdoch's 40th birthday dinner on the island. That's exactly the sort of high life former Prime Minister Tony Blair notoriously enjoyed during his tenure in Downing Street. Blair's vacations with well-heeled new best friends, from Italian media magnate-turned-premier Silvio Berlusconi to Robin Gibb of the Bee Gees, played badly back home...