Word: neighborism
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...little hard to know what to make of such portentous statements, given that there is no agreed-upon dividing line between recessions and depressions, and no descriptive word in between. "It's a recession when your neighbor loses his job," Harry Truman once quipped. "It's a depression when you lose yours." What Reich and Morici seemed to be groping for - other than media exposure (mission accomplished!) - was a way to express that the current downturn may be a more serious phenomenon than other recessions of the post-World War II era. (See pictures of the recession...
...intrusion in Afghan history, and the rationale of building stability remains a logical one - but this war has become something of a sideshow in South Asia. The far more serious problem is Pakistan, a flimsy state with illogical borders, nuclear weapons and a mortal religious enmity toward India, its neighbor to the south. Pakistan is where bin Laden now lives, if he lives. The Bush Administration chose to coddle Pakistan's military leadership, which promised to help in the fight against al-Qaeda - but it hasn't helped much, although there are signs that the fragile new government of President...
...intrusion in Afghan history, and the rationale of building stability remains a logical one - but this war has become something of a sideshow in South Asia. The far more serious problem is Pakistan, a flimsy state with illogical borders, nuclear weapons and a mortal religious enmity toward India, its neighbor to the south. Pakistan is where bin Laden now lives, if he lives. The Bush Administration chose to coddle Pakistan's military leadership, which promised to help in the fight against al-Qaeda - but it hasn't helped much, although there are signs that the fragile new government of President...
...that as it may, the European Union is divided between pragmatists and hard-liners on how to deal with Moscow. "Like it or not, Russia is Europe's neighbor, and it only makes sense to seek the best diplomatic and trade relations with your influential neighbors," says Laure Delcourt, a specialist on EU-Russian relations and head of research at the Institute of International and Strategic Relations in Paris. "Europe also has strategic interests with Russia the U.S. doesn't: it's overly dependent on Russian energy...
...India can slap back at its troublesome neighbor is a question with no easy answer. Recent months have seen a significant thawing in ties between the two nations, with trade expanding across the heavily militarized Kashmir border. Pakistani President Asif Zardari has made pronounced gestures of friendship, some of which have put him in hot water with his own people - such as his statement earlier this year that he did not consider India, with whom Pakistan has fought three bitter wars since 1947, a threat to its western neighbor...