Word: lateraling
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Dates: during 2000-2009
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...fault Lloyds' optimism. The bank, in which the government has a 43% stake, predicted "high single-digit income growth" within two years. Analysts expect a steep hike in provisions for bad loans when Royal Bank of Scotland (RBS), Britain's largest taxpayer-funded lender, unveils first-half results later this week. After falling to a $40 billion loss last year, the largest in U.K. corporate history, RBS - more than two-thirds of it in government hands - should at least break even this time around, Maughan reckons. At the very least, it will be another report of improvement...
...reactor completed will give Areva some big advantages over rivals, the Finnish project has cost it a lot in terms of credibility, and a lot of people are looking on saying: 'You mean if you ever complete it,' " says Barnett. "Westinghouse will complete its third-generation reactor in China later, but it will be able to say it did so on time and on budget...
...almost half a century later, American adults are going to theaters to see new X-Men, G.I. Joe and Star Trek movies, Paul McCartney was the headliner at this year's Coachella music festival, and a new George Harrison album has just been released. At home I wear jeans and sneakers, like most other grownups, and for my birthday I got a new iPhone. Computers and GPS devices are what we have today instead of Etch A Sketches and Erector Sets and Morse-code telegraph kits. Adults of my parents' generation did not bicycle, roller-skate, or play army; adults...
...That deal later foundered as each side accused the other of not living up to its details. (Both sides had a case.) But Clinton, as President, didn't waver from his belief that a grand bargain with the North was possible - not just denuclearization but an eventual peace treaty and normalization of relations between Washington and Pyongyang. In October 2000, late in his second term, Clinton sent his Secretary of State, Madeleine Albright, to meet with Kim Jong Il in Pyongyang, where they famously clinked champagne glasses. The former President even flirted with the idea of going to North Korea...
...repeated the same pattern over the past two decades," says Yun Duk-min of the Institute of Foreign Affairs and National Security in Seoul, a Foreign Ministry think tank. Ratchet up the nuclear tensions, declare diplomacy dead, and then hope to win even bigger concessions as talks reconvene later. But since taking office, Obama has proved no slouch at playing the game from the other side. In the wake of the nuclear test this past spring, the President dropped the rhetoric of engagement, went to the U.N. for new economic sanctions against Pyongyang and - perhaps most important - had his Treasury...