Word: moment
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Dates: during 2000-2009
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...Winslet has become not only the finest actress of her generation but in many ways also the perfect actress for this moment. She's intense without being humorless. She's international in outlook (though raised in Reading, England, in a middle-class family of working actors, she now lives in New York City and won those Oscar nominations for playing three Americans, two Brits and a German). She's ambitious but cheerfully self-deflating, capable of glamour but also expressive of a kind of jolting common sense. She has a strong professional ethic, which she somehow balances with her domestic...
Iraq's ability to weather the global slowdown at the moment rests in the huge currency reserves it earned in recent years selling oil as prices soared. Iraq has roughly $30 billion in surpluses from previous years. That has allowed the country to maintain minimum standards of services and governance despite depression-scale unemployment (no reliable data are available, but some experts estimate unemployment may be over 20%). Iraq's GDP is growing steadily despite the global financial crisis. Last year, GDP grew in Iraq an estimated 7% to 9%. This year, GDP is projected to rise...
...lower, Iraq expects to run a deficit this year of roughly $20 billion, which could be covered by the nation's existing cash reserves. Once that money is gone, however, Iraq will be in the same position as many countries facing a cash crisis around the world at the moment - but with added problems unique to a country rich with oil but troubled by the legacies of wars...
...haven't plaintiffs attached Iraq's oil revenues in international courts? That account is kept safe by special U.N. protections at the moment, and its currency reserves in Baghdad cannot be touched. But any move by Iraq on international capital markets involves a gamble unlikely to turn out well unless Iraq takes steps to settle the outstanding claims, an issue U.S. officials in Baghdad are stressing when talking to Iraqi policymakers in trying to shore up the nation's finances for 2010 and beyond...
...moment, however, the Arab League's current boycott of Israel is a shadow of what it was when it started in 1948 - when all its members banned Israeli goods, banned companies that did business with Israel, banned Israeli passport holders and even travelers with Israeli stamps in their passport. Currently three Arab countries - Jordan, Egypt and Mauritania - have relations with Israel. Almost all the members of the Arab League have dropped the ban on companies that do business with Israel. And behind the veneer of official disapproval, several take a live-and-let-live attitude toward the Jewish state...