Word: national
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...bank bailouts and the Obama stimulus package, the country would have slid into a deep recession that might have prevented a lot of Tea Partyers from buying their $549 tickets to ride. Then again, any sentence that begins with "Most economists" is a license to snore in tea party nation. And Palin will, quite often, veer from simplicity to duplicity. She was the inventor of the mythic, noxious "death panels." In Nashville, she retailed nonsense about stimulus funds going to nonexistent districts. (A spokesman for Vice President Joe Biden, who is monitoring the stimulus package, told me that all funds...
...Australia, Melville's case has been widely covered in all major news outlets since 2008. But while the nation may have been made aware of the horrific neglect that Melville suffered, a largely unpublicized audit claims that her death was only part of a much greater problem. According to a 2007 report leaked to the Australian on Feb. 6 and written by psychologist Howard Bath, then the director of a nonprofit organization that specializes in support for child, youth and family services, the Northern Territory child-protection system is near collapse. Today, just over two years after Australia apologized...
...famous gaffes have not been completely consigned to the past. During the campaign, he told a crowd they were the "genocide of the nation," when he meant "gene pool." This is more than just an issue of delivery. Scratch the surface, critics claim, and the old Yanukovych shines through. His refusal to debate Tymoshenko in the run-up to the election was slammed as antidemocratic by civil-society groups. Hryhoriy Nemyria, Tymoshenko's Deputy Prime Minister, says Yanukovych's team is "Jurassic Park II," with many of the same advisers who worked with his political patron, former President Leonid Kuchma...
...reduce its budget deficit (which now exceeds 12.7% of GDP) in an "effective and determined manner." Athens now faces stringent oversight as it attempts to balance its finances: after years of receiving dodgy statistics from the Greek authorities, the E.U. is insisting on a direct role in monitoring the nation's recovery plan. And next week, E.U. finance ministers are expected to formally demand the steps Greece needs to take to reduce its deficit by 4% this year. (See more about the E.U.'s bailout of Greece...
Nonetheless, it was unthinkable that the E.U. would sit idly by and watch Greek finances crumble a mere 11 years after the euro's birth. European leaders are keenly aware that the crisis is not restricted to Greece. If the nation were allowed to default on its debts, the bug could spread to other highly indebted euro-zone economies, like those of Spain and Portugal. At that point, economists have said, the euro itself could be endangered. But the E.U. sent a message on Thursday that it was not about to let that happen. Now it's banking...