Word: keenings
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Investors keen to protect their precious cash have sought security in all the usual places in recent months. The U.S. dollar, the Swiss franc and the Japanese yen - each with a history as a safe haven - have all provided homes for nervous depositors' cash. But as the economies of those three countries flounder, it's time to look around, and smart investors think they've discovered a new harbor to protect them from the choppy economic seas. "The best safe haven currency," analysts at banking giant HSBC wrote in a research note this month, is Norway's. According to HSBC...
Eating at Michelin-starred restaurants doesn't normally involve being violently ill afterwards. So ever since 400 diners at British chef Heston Blumenthal's famed Fat Duck restaurant reported symptoms like nausea and diarrhea in mid-February, food connoisseurs have been keen to know what - or who - to blame. On Thursday, Blumenthal revealed the likely culprit: the highly contagious Norwalk virus, commonly known as norovirus...
...manufacturers, AIG sits at some of the critical switch points. Its failure, so the fear goes, would set off chains of others, rattling around the globe in short order. Although some critics say the fear is overblown and the world economy could absorb the blow, no one seems particularly keen on testing that approach...
...Obama Administration prepares to dispatch 17,000 extra troops to neighboring Afghanistan, its principal aim is to keep Islamabad's attention on stanching the flow of militants across the border. Toward that end, Army Chief Gen. Ashfaq Kayani - who has been keen to win support for his troops' faltering campaign against the militants - met on Friday with Zardari and his Prime Minister, Yousaf Raza Gilani. Although Pakistan's army has routinely staged political interventions, analysts believe that it is unwilling to seize power in another military coup. But as Zardari and Sharif joust for control over Punjab, the largest province...
...pull the two sides back. In the most high-profile intervention yet, Secretary of State Hillary Clinton made phone calls to both Zardari and Sharif on Saturday. According to a statement from the Pakistani President's office, Clinton "discussed the prevailing situation in Pakistan and said the U.S. was keen to see a stable and democratic system strengthened in the country." Earlier in the week, the U.S. ambassador to Pakistan paid visits to Zardari and Sharif, while the Obama Administration's special representative to the region, Richard Holbrooke, held a videoconference with Zardari and later telephoned the opposition leader...