Word: nationalism
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...afford to wait. The longer someone is unemployed, the harder it is to get back to work, a fact as true for the nation as it is for you and me. As the Peterson Institute's Jacob Kirkegaard explains, "It is entirely possible that what started as a cyclical rise in unemployment could end up as an entrenched problem." Past crises have illustrated that lesson: the longer you wait, the harder it is to contain. This is as true for joblessness as it was for subprime mortgages, al-Qaeda and computer viruses...
Options are not like other insurance policies - say health insurance. Stocks tend to move together, whereas one person's health tends to vary independent of the nation's health. Risk to health-insurance companies decreases as the number of policies increases; risk compounds for options writers as their volume increases. Those writing put options have secured small gains for now, but they will suffer multiplied losses across the board should the market tank...
...just dismissed conservative claims that illegal immigrants would be able to take advantage of health-care reform, was taken aback. He looked to his left, adjusted his arm, part nervous twitch, part macho posturing, and shot back at Wilson, "That's not true." And there, for a moment, the nation watched two men, elected to lead, call each other the worst thing in politics - dishonorable deceivers. (See 10 players in health-care reform...
...attacks have sparked wide-ranging discussions on racism and discrimination in Australia, a nation still raw from the 2005 Cronulla race riots where thousands of Anglo-Australians engaged in violent clashes with Australian youth of Middle Eastern appearance at a well-known beach in Sydney's south. The country is also grappling with an upsurge of ultra-nationalism among some younger Australians. The issue facing South Asian students is far larger than a few isolated - and possibly opportunistic - attacks, says Unni, the Sydney coordinator of the Federation of Indian Students of Australia. The far bigger problem, he says...
...Unni says framing the attacks in a purely racial context masks the fact that, on the whole, Indian students have found Australia a safe country to study and work in, though he adds many Australians have yet to adapt to the reality that the formerly white nation has become a diverse, multicultural society. Luthra believes the Indian media went overboard in emphasizing the racial motivation of the assaults, and as a result, "Australia has picked up a tag as a racist country in India." That perception has further damaged a relationship already strained by the fallout over the Mohamed Haneef...