Word: momentous
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...think your album is striking a chord with so many people in 2009? It's a bit of nostalgia and what's going on in Afghanistan at the moment, I suppose. With our boys going away once again to fight, it sort of got people interested in the music of the earlier period. And the schools have been teaching about the Second World War, and that causes an interest...
...When Gorman was named CEO that was a defining moment in Morgan's history," says Charles Geisst, a Wall Street historian and author of the book Collateral Damaged. "The large brokerage force is going to change Morgan. People begin to see you more as a distribution business than in the investment-banking business...
Talk like a communist, walk like a democrat. That has been the paradoxical strategy pursued by Latin America's new radical left - at least until now. Venezuelan President Hugo Chávez will gush effusively in the presence of Fidel Castro one moment, then just as earnestly he'll remind the world that he submits to the kind of free elections and free speech that Castro and his brother, Cuban President Raúl Castro, still forbid...
...Congress is also working through a bill that would deliver an unprecedented $1.5 billion a year of nonmilitary aid. The money will help support Pakistan's deeply neglected education and social sectors. (At the moment, the country only spends 2.5% of its GDP on health and education combined.) Pakistan also faces chronic electricity shortages. On his last visit, Richard Holbrooke, the Obama Administration's envoy to the region, pledged support. But that effort, along with proposals for a gas pipeline from Iran and Chinese-funded nuclear-energy reactors, will not bear fruit for some time...
...moment, a delicate power balance holds in Islamabad. Whatever its gripes, the army is not in a position to grab power. As a recent poll revealed, a surprising majority still favors a dysfunctional democracy over military rule. The popular opposition is restive but seems prepared to wait its turn. Zardari may just yet become the first civilian leader to complete a full term. But that, as officials in Washington likely realize, depends very much on Zardari himself...