Word: moment
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...coded language of central bankers that means inflation is a non-issue at the moment and that Europe's monetary czars are now focused on ensuring that there is enough liquidity in circulation to keep the economy moving. With prices for oil and other major commodities falling, Trichet predicts a sharp drop in the inflation rate to between 1.1% and 1.7% next year from 3.2% to 3.4% this year. "This is a very significant rejection of everything that they've said before," said Jörg Krämer, chief economist at Commerzbank. "There will be a further interest rate...
Frost/Nixon: Original Watergate Interviews Video footnotes to a new movie? Yep. A fascinating corollary to the film with Frank Langella as Richard Nixon and Michael Sheen as David Frost, here's the 1977 show with the real stars. There's no gotcha moment, just the raw drama of a fallen monarch in closeup...
...moment, the CEOs of the Big Three car companies are focused on getting help from Washington sooner rather than later. Later this week, they return to Capitol Hill to make the case for $34 billion in bridge loans to help their companies rebound from staggering debt loads and enormous losses. Having failed to convince Congress last month, Ford's Alan Mulally, General Motors' Rick Wagoner and Chrysler's Robert Nardelli are scheduled to testify this Thursday and Friday to present detailed plans on how the American automobile industry can survive the current economic woes and even thrive into the future...
...that includes revisiting the Catholic liturgy if necessary. His top Vatican deputies are now studying a change to the mass that would affect the moment when members of the congregation are asked to greet each other with a "sign of peace." Worshippers then exchange handshakes, or sometimes a hug or kiss. In 2007, writing about the exchanging of the peace, Benedict called for "greater restraint in this gesture which can become exaggerated and cause a certain distraction in the assembly before the reception of Communion." It may now be moved earlier in the service. Cardinal Francis Arinze, head...
...what change can be fashioned at this moment is still unclear. At the rally, talking points were raw with emotion and patriotism. Cries of "Death to Pakistan!" were frequent refrains in the chorus that now accompanies New Delhi and Islamabad's testy wrangling over the pursuit of terror suspects living in Pakistan. Lines of well-wishers snaked by the windows of police vans to shake the hands of the security personnel inside. Men with guns seemed far more popular than those with electoral mandates, though many in the crowd did not favor war. "We want real action," says Radikha Varma...