Word: marching
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Dates: during 2000-2009
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...What will consumer spending look like? What will government deficits look like? What will my hair look like? But some of the most crucial unknowns have to do with corporate profits. Profits are, after all, what stock prices are supposed to be based on. Stocks have skyrocketed since early March, providing the earliest and strongest signal that the recession might ebb soon. One could even argue that rising stock prices brought optimism that has since begun to show up in real economic data, although if you think too hard about such feedback loops it will just make your head hurt...
Laura Ling and Euna Lee, the American journalists who were each handed 12 years in prison yesterday by a North Korean court for committing "hostile acts" by allegedly overstepping the border in March, have received a harsh sentence by Western standards of justice. The news is grim, to be sure. But former prisoners in Pyongyang's horrific penal system speculate that the pair may not have to endure the grimmest conditions, which very few have emerged to talk about...
...from Arab nationalists and the backing of Iran and Syria. Meanwhile, many Lebanese Shi'as revere Hizballah for its social and educational-development programs. Many Western governments, meanwhile, consider it a terrorist group; it was placed on the U.S. State Department's terrorist list in 1999. Lebanon's ruling March 14th coalition has also blamed the organization for destabilizing the region and unnecessarily embroiling Lebanon in a near-30-year conflict with Israel. In 2006, a second conflict exploded between Hizballah and Israel; the resulting battle killed more than 1,000 Lebanese civilians, only adding to Lebanese discontent with Israel...
...nightmare that began on March 17 for the two American journalists kidnapped by the North Koreans along the Chinese border got worse on Monday: Euna Lee, 36 and the mother of a 4-year-old, and Laura Ling, 32, were each sentenced to 12 years in prison by North Korea's highest court. Their crime: illegal entry into the country and "hostile acts." The sentence - "reform through labor" - raises the prospect that the two could be sent into North Korea's notorious system for political prisoners - the so-called kwan li so, which are infamous for their mistreatment of prisoners...
...regime has also kidnapped several hundred South Koreans over the years - usually also to help train its spies, but not always. Since late March, the North has detained a South Korean business executive who was working at the Gaesong Industrial District, a site just across the border, where scores of South Korean companies set up light manufacturing operations. The project was arguably the most visible success of the so-called Sunshine Policy run by Roh Moo Hyun, the former South Korean President who committed suicide in May. Pyongyang revoked all the contracts at Gaesong last month and has continued...