Word: nears
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...time. What most find surprising, however, is that the secret was kept for so long. At the same time, his supporters stress that any such incident should not detract from his work as an artist and could even explain the nature of his genius: his moral detachment and near-obsession with the themes of denunciation and betrayal. "I have always known [Kundera] was a Communist, a man who had believed the idea, " says Pavel Janousek, a literary historian at the Czech Republic's Academy of Sciences. "Something like this could not be ruled out. But he will remain a great...
...Schultz drops a near interception...
Even with the new capital provided by the government, banks won't want to, or be able to, lend as much as they did in their reckless past. Homeowners won't want to borrow so much. Savings, which have been near zero, will go up - good for the economy in the long run but bad for an economy going into recession. While some large firms may be sitting on a bundle of cash, small firms depend on loans not just for investment but even for the working capital to keep going. That's going to be harder to come...
...deal leaves little doubt that the Iraq war is being drawn to a close -and not necessarily because the U.S. has achieved its benchmarks on the ground. A new U.S. National Intelligence Estimate on Iraq, intended to guide the next U.S. president on the situation there, is reportedly near completion. Reflecting the consensus among the 16 U.S. intelligence agencies, the new NIE will reportedly warn that, contrary to the rosy picture of progress stressed by McCain on the campaign trail, the situation in Iraq remains precarious. Although violence has been reduced to its lowest levels since early 2004, U.S. intelligence...
...military conflicts; the Bush Administration, having cut taxes, has had to rely on the credit of others to wage its wars.) The current credit crisis and economic slowdown will considerably raise the pressure on the U.S. national debt, which had already grown from around $6 trillion in 2001 to near $10 trillion today...