Word: low
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...moves to make. Worse, it's not just the G-7 that's in the spotlight. The other pillars of 20th century international financial stability are meeting this weekend in Washington, and expectations for action by the International Monetary Fund, the World Bank and the G-20 are also low. The less the international organizations seem likely to do, the louder the cry for help becomes. "This is a financial crisis that is global and needs a global response," says Professor Helge Berger of the Freie Universitat in Berlin. "Piecemeal won't work...
...Though low in toxicity and non-addictive, psilocybin and LSD are illegal due to their mind-altering effects, including distortion of judgment and psychosis...
London Calling. London's Stansted Airport, a low-fare airline hub, has been approved for expansion, which will increase its yearly flight capacity by nearly 10%, from 241,000 flights to 264,000 flights. The airport, located 45 minutes from London by express train, currently has one runway; plans to build a second one may get off the ground as early as 2009. (Also, in a few months, the U.K. government will determine whether Heathrow gets a third runway...
...Dudes. Freemans, the low-key hipster empire (which includes Freemans Restaurant and the clothier Freemans Sporting Club) is opening an old-fashioned barbershop in downtown New York City. An extension of the barbershop in the back of the clothing store, FSC-Barber now has its own home in the West Village (5 Horatio Street; 212-929-3917). It aims to recreate the atmosphere of the olden days, when men would gather daily at the local barbershop to hang out and discuss sports and politics. FSC-Barber offers hair cuts and shaves complete with hot towels and a straight-edge razor...
...Low oil prices and a falling euro, for instance, would have been considered generally good developments only a few months ago. Yet markets are so spooked that they're driving indexes into the ground and thereby increasing the chance of general economic contamination. "We're back to the most basic behavior of stock markets: people buy when they see everyone else buying, and they sell when everyone else is selling," says Naudé. "Confidence is gone despite the generally quick and positive intervention by governments...