Word: longing
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While social networking has brought together long-lost friends and rekindled many an old flame, Facebook has evolved to fill yet another role - an outlet for grieving. People the world over can post messages, photos and videos, and specialized sites offer interactive forums in which the bereft can chat with therapists and with one another. Calmly and quietly, the Web has put grievers in touch with all sorts of people who can help support them through the pain...
What does this say about the Federal Reserve's hopes to start pulling its added liquidity out of the markets, either by raising short-term rates or just getting out of buying bonds, which has been keeping long rates low? I think the Fed's statements suggest that they really want to exit in some fashion from the buying program. The first step in that direction, logically, would be to stop buying, and our sense is that they're at least going to try that. But based on our forecasts for the second half of the year, they may have...
Recent U.S.-Russia bilateral negotiations to reduce long-range weapons did not cover B-61s in Europe. Obama's ongoing "nuclear posture review" and NATO's review of its strategic concept may call for an end to nuclear burden-sharing. But if the issue is not addressed soon, countries may take their own steps to get rid of the weapons. In 2001, when the Greek air force ordered a new fighter jet, it chose a model that could not carry the B-61, forcing the U.S. to withdraw its weapons there. The U.S. still keeps weapons in Turkey, but some...
...demonstration since unrest erupted after the disputed June 12 election. Hundreds of activists, students, intellectuals and relatives of top opposition officials have since been detained. Judicial officials and members of parliament are now calling for opposition leaders to be prosecuted for crimes against the state including treason. (See the long shadow of Ayatullah Khomeini in Iran...
...historically more democratic than China, where public participation in politics has been restricted for centuries. Iranians have had a growing role in politics since the 1905-11 Constitutional Revolution produced Asia's first parliament; they've voted for decades under both a monarchy and a theocracy. Also, China has long been a closed society; Iran's Indo-European population has long had exposure to Western ideas and education...