Word: momentum
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...said, 'The United States and Israel were very, very close for eight years, and it produced very little,' " Anti-Defamation League president Abraham Foxman told the Los Angeles Times. In order to generate momentum toward a solution, Obama explained, the U.S. was pressuring Israel, the Palestinians and the Arab states to make concessions...
...debate over health care gathers momentum, attention is focusing on proposals for a new, government-administered health-insurance program to help lower costs. President Obama said on June 23 that the so-called public plan "makes sense" as part of an overall health-reform package; on Capitol Hill, lawmakers are sparring over its pros and cons. Democrats--who favor a public option--can't agree on a plan among themselves, while across the aisle, Republicans are warning of creeping socialism and health-care "rationing." Hold on tight: this battle is just beginning...
...majority vote on budget and tax matters and instituting a split-roll for property taxes that would allow homeowners to continue to pay according to the low rates mandated by Proposition 13, but require commercial property to be assessed at market value. To relieve the logjam in California politics, momentum is growing for an open primary system, in which the two top vote getters in the primary, regardless of party, would face each other in the general election. Proponents believe it would loosen the grip of partisan ideologies and make it easier of moderates to win elections. In addition...
With one sweeping judgment Thursday, the Indian High Court decriminalized homosexuality, shook off a stubborn piece of colonial baggage and may have added momentum to a broader regional movement for gay rights. "This is a huge step forward," says Anjali Gopalan, director of the Naz Foundation India Trust, an advocacy group based in New Delhi that successfully brought a public interest petition to overturn India's anti-sodomy law, Section 377 of the Indian Penal Code. "We can now take the next step forward for the community in securing our rights...
...quarterly tankan survey results released by Japan's central bank. However, the survey, which polls 1,215 large manufacturers as well as thousands of other businesses, indicated companies remain more pessimistic than optimistic and are still reluctant to make capital investments. According to Kanno, the results confirm "the upside momentum is getting stronger, but the level of the economic activities is still very low." Japan's unemployment rate rose for the fourth straight month to 5.2% in May, up from 5.0% in April. Job availability is at a record low, with only 44 jobs available per 100 job seekers...