Word: musts
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...euro and yen top the list of must-watch "funding" currencies for 2010, but that prognosis might change as the year unfolds. Like Greece, both Britain and the U.S. have dangerously high levels of outstanding debt, largely due to stimulus spending and bailouts intended to get their respective economies back on their feet. While this might spell trouble for the dollar and British pound, it's a looming opportunity for those who ply the carry trade...
...Republicans, meanwhile, are also caught in a seemingly contradictory mode. On the one hand, they must broadcast their willingness to do everything they can to work with Obama. On the other hand, Republicans do not want to grant Democrats any major legislative victories before the November elections. "We had a good meeting with the President, and, what I'd like to emphasize is there are some areas of potential agreement," Senate minority leader Mitch McConnell said in an e-mailed statement, after meeting with President Tuesday. Outside the White House, however, McConnell offered a different message in person. "What...
...argue that the project is a work in progress. Nothing will be finalized without consulting the communities, says Richard Paulsen, a recreation- and resource-studies expert at MSU. "Our complete intention is that this be a Micronesian concept," he says. "This is something that the person on the street must understand, accept and be able to live with...
...come to a point where the grandchildren of the first Head of the Judiciary of the Islamic Republic, the innocent martyr Ayatullah Beheshti, must be without their parents during the 10 Days of Dawn [a reference to the celebration of the revolution's anniversary] and must live underground in fear of the security forces," said Rafsanjani, according to the story, presumably before turning on his heels and storming out of the Supreme Leader's presence with a swish of his cleric's robes. (See "Iran's Hard-Liners: How to Fight Spontaneous Combustion...
...line. It's been trying to convince its European partners - as well as the global markets - that it is taking serious steps to cut state spending and tackle its deficit without causing civil unrest at home. But the choice may soon be out of Greece's hands, and Papandreou must know that any outside assistance is likely to come with strings attached...