Word: launching
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...that a bust is inevitable. China's stellar track record of managing its economy over the past decade makes some analysts relatively confident a soft landing can be engineered. A hedge-fund manager in Shanghai notes that AIG, the insurance giant, tried this month to raise $1.3 billion to launch a China stock fund-and fell $400 million short of that goal. "There are signs that this is going to cool off, but not crash," he insists. Jun Ma, a Deutsche Bank economist in Hong Kong, says the recent rate hikes should keep inflation in check, and without inflation, there...
...Israelis have focused their fury on Hamas, not Fatah, whose armed gangs are loosely tied to President Mahmoud Abbas, the Palestinian leader preferred by Prime Minister Ehud Olmert and the Bush Administration. Israeli jets scorched Gaza, killing Hamas militants as they prepared to launch rockets or while speeding through the dusty Mediterranean strip. They also blasted warehouses, schools and buildings where Hamas was thought to gather or store arms...
...killed in one attack on Monday. The Israeli Prime Minister visited Sderot on Tuesday, but received an angry reception from the residents - and a few Gaza missiles slammed down nearby, though Olmert and his entourage were never in danger. So far, Olmert is resisting calls by the army to launch a major offensive into the Gaza hornets' nest...
...While real space travel for real astronauts is being threatened by NASA budget cuts, the wallet-challenged traveler can rest assured that the Shuttle Launch Experience is cleared to go. The ride, along with all other attractions at the visitor center, is funded through ticket, food and souvenir sales...
...conservative Sarkozy's intent to give issues like human rights and democratic and financial accountability greater weight in France's international relations. A trained physician, Kouchner founded the M?decins Sans Fronti?res (Doctors Without Borders) relief group in 1971, and used the diplomacy skills he learned in humanitarian crises to launch a political career. Socialist opponents have called Sarkozy's recruitment of Kouchner a ploy to co-opt and thus weaken the left ahead of June legislative elections. Supporters counter that the pick is proof of Sarkozy's commitment to seek public and political consensus as he modernizes France...