Word: levered
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...massive demonstrations in the streets of Iran's big cities, which in turn feed the backroom dealings. For while it is still unlikely that Rafsanjani will make the unprecedented move to remove the Supreme Leader, the more chaotic Iran gets, the more it allows Rafsanjani to find some lever to pull or to do something dramatic. It is in Khamenei's interest, then, to cool down the demonstrations...
...cork: that is the question in the French winemaking region of Champagne, ever since the unveiling earlier this month of a gutsy new Champagne stopper prototype. The Maestro opening system, developed by Alcan Packaging Capsules, is composed of a concealed crown bottle cap fitted with an aluminum lever. It's far easier to use than a conventional stopper - no struggling to hold the heavy bottle as you twist, no worrying that you'll take someone's eye out with the cork - but it still delivers that satisfying pop upon opening. It's a minirevolution in a region hitherto unswayed...
This kind of behavior, contends McCulley, is what the paradox of thrift demands. "Uncle Sam has got to go the other direction and lever up his balance sheet and actually spend money," he says. Simply standing by and letting the downward economic spiral worsen strikes him as "inconsistent with a civilized society...
...celebration of democracy--people walking around their capital, celebrating their President, marking their victory. But it did not feel like a victory of party or partisanship so much as a celebration of the simplest and yet most transcendent act of citizenship--going into a voting both and pulling a lever and honoring the result...
...sparks protectionism in the West. Walker fears that China, in its efforts to support growth and the millions employed in export factories, will eventually allow the yuan to depreciate, forcing all other Asian countries to do the same to keep their exports competitive. "If conditions do worsen, then every lever in the Chinese toolkit will be pulled" to muster a recovery, Walker says. Michael Hartnett, an international strategist at Merrill Lynch, recently told TIME that his potential big "surprise" for the world economy in 2009 is a surge of cheap exports from China, "causing some flare-up in terms...