Word: long-held
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...aftermath of the Mumbai attacks, the greatest challenge lies in convincing India and Pakistan that they need to abandon some of their long-held positions in order to reach a resolution over Kashmir. The road from Srinagar to Muzaffarabad may be open, but the obstacles along the way seem bigger than ever...
...market, that could pose a double whammy. As mutual funds have been forced to sell long-held positions to meet redemptions this year, they have generated capital gains - which must be passed along to investors. We might therefore also see a round of year-end selling of mutual-fund shares by investors looking to offset gains and avoid paying taxes by locking in losses. "Tax-loss selling is a very powerful force," says Joe Battipaglia, market strategist for the private client group at Stifel Nicolaus. "The market is down 50% from a year ago - those are sizable losses...
...long-held conservative claim that liberal university professors are indoctrinating college students is finally being exposed for what it really is: a political cop-out that sounds compelling but is ultimately hollow. The New York Times recently investigated the contention, revealing that not one but three sets of researchers found that “professors have virtually no impact on the political views and ideology of their students.” The conclusive results of all three studies will hopefully lay to rest the baseless whines thrown up by conservatives whenever the youth vote is not going their way. Conservatives...
...with specific sermon topics. Barry Smith, senior pastor at Impact, started an online confession board last spring to enhance his four-week sermon series on the theme of secrets. The idea, says Smith, "was not so much theological as psychological"--a way to aid people carrying the shame of long-held secrets. For at least two of his congregants, the effort was transformative. A former prison guard--let's call him Jack--had been unfaithful to his wife and says he was feeling "crushed" by guilt. A few days after Jack posted the site's first confession, he broke down...
...centers, including Dubai and Singapore. And since financial services are such an important part of the U.S. economy, accounting for a massive 15% of New York's alone, any diminishing of its status as a financial center will have big repercussions on jobs. The dollar too may lose its long-held status as the currency of choice for central bankers everywhere. Snower of the Kiel Institute believes that in the future, "this will be seen as a historic period in which the U.S. will give up some of its reserve-currency role." Asian and Middle Eastern nations that currently hold...