Word: nationalism
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Financial analysts believe government incentives to banks to extend existing commercial real estate loans will be necessary to limit the damage. The Federal Reserve and Treasury Department are considering a number of options. The alternative is last week's bankruptcy of General Growth Properties, the nation's second largest shopping-center group, which could not refinance, even though many of its properties have positive cash flow...
...appointed Harvard University’s first Robert F. Kennedy Visiting Professor of Latin American Studies in 1987. Fuentes, who has taught at many prestigious institutions and currently teaches at Brown University, addressed the audience with frankness and humor. In a conversation with Maria Hinojosa, the host of National Public Radio’s Latino USA, he discussed the need for a bilateral effort for peace between Mexico and the United States. He also mentioned the importance of the arts in directing progress for the Mexican nation. Openly confronting the issues of immigration and drug wars in Mexico, Fuentes stated...
...article published by the Croatian news site Evening Paper on Monday. Autonomy has become the central demand of the Bolivia's eastern lowlands, where the predominantly white and more affluent population is at sometimes violent odds with Morales' pro-indigenous agenda, and where the lion's share of the nation's vast natural resources are located. "He told me about his involvement in fights in the jungle," Brady wrote. "He was one of [many] guerrilla fighters there." (Is Evo Morales one of the world's most influential people? Vote for the TIME...
...they are smart, China's political leaders in Beijing will force its military to respond in kind. Prior to the festivities in Qingdao this week, Admiral Gary Roughead, the U.S. Chief of Naval Operations, visited his counterpart in Beijing, Vice Admiral Wu. There, the two talked up the two nation's cooperation in combating Somali pirates, but that wasn't the real point of the meeting. For years, the Pentagon has been frustrated by China's secrecy over its military budgeting and its intentions. The U.S. brass simply doesn't believe Beijing when it says its defense spending...
...consequential. Even as the U.S. was engaged in two fronts in the so called War on Terror over the last eight years, it simultaneously spent defense dollars on weapons systems grounded in the assumption that someday the U.S. might well find itself in conflict with a big, technologically sophisticated nation with global ambitions, one with a well-funded, well-equipped army, navy and air force. America needed, in other words, to be ready to go to war with China. (See pictures of how China and other nations are joining the space race...