Word: maelstrom
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Dates: during 2010-2019
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...year since 1935.” Nevertheless, the perception remains that Washington is making all the wrong moves; critics on the left suspect an incestuous relationship between Wall Street and Capitol Hill and those on the right decry a socialist takeover of the financial system. Lost in this maelstrom of punditry is the fact that the government has recouped most of its bailout money and divested its involvement in banking. Obama must argue before the American public that his administration averted the country from financial disaster. If voters still believe that the government failed in handling this crisis by November...
...looking outward too. In the past six months, the carrier has added routes to Egypt, Israel and Turkey. Greece's $40 billion shipping industry--the country controls 22% of the world's oil-tanker fleet and nearly 25% of its cargo ships--should also prove immune to the financial maelstrom because of its global reach, according to Theodoros Veniamis, the president of the Union of Greek Shipowners. "Shipping is a cyclical business that operates worldwide," he says. "The current crisis won't have a direct impact...
...also looking outward. In the last six months, the carrier added routes to Egypt, Israel and Turkey. Greece's $40 billion shipping industry - the country controls 22% of the world's oil-tanker fleet and nearly 25% of its cargo ships - should also prove immune from the financial maelstrom because of its global reach, according to Theodoros Veniamis, the president of the Union of Greek Shipowners. "Shipping is a cyclical business that operates worldwide," he says. "The current crisis won't have a direct impact." (Read: "Is the Euro the New Dollar...
Giving a transformational presidential speech while trapped in politically toxic quicksand is no easy task. And as he mounts the rostrum in the House of Representatives' chamber on Wednesday night, the forces arrayed against Barack Obama - both real and those conjured by the politico-media maelstrom - are fierce...