Word: nonetheless
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...Nonetheless, Stiglitz predicted that it is “likely that [Bernanke] will be confirmed...
...turns out, neither extreme came to pass - partly because only 2.4% of the population checked more than one race. Nonetheless, the instruction to "mark one or more boxes" signified a major turning point in how the Census sets the parameters for national discussion. In the words of former Census director Kenneth Prewitt, we are now moving from "a justice-based classification system" to "an identity-based classification system." If not revolution, that is at least evolution. (See the world's most influential people in the 2009 TIME...
...Nonetheless, even if foreigner investors' role in America's credit boom and bust is debatable, what's beyond doubt is that this aspect of the crisis is not getting as much attention as, say, bankers and their bonuses. On Thursday, the Financial Crisis Inquiry Commission wrapped up its second day of hearings. Global imbalances is one of the 22 areas that the panel is supposed to investigate as a possible cause of the credit crunch. But in two days of hearings, which included testimony from top financial executives, economists, analysts, regulators and a hedge fund manager, there wasn...
...Still, Vietnam remains a potentially lucrative growth market that had a stronger than expected showing at the end of 2009, and it remains to be seen if the Jetstar Pacific imbroglio will significantly deter new foreign investors. Even though Communist hardliners have clamped down on some freedoms, the government nonetheless promised in November it would soon allow foreigners to own 49% of local businesses, up from 30%. As Vietnam's Communist Party encourages economic growth without wanting to let go of power, it's only setting itself up for more clashes with foreign partners...
...Ayalon remained defiant, on Tuesday issuing a statement of regret over the incident that nonetheless reiterated his belief that he had acted correctly in taking Turkey to task. "My protest of the attacks against Israel in Turkey still stands," Ayalon said. "However, it is not my way to insult foreign ambassadors, and in the future I will clarify my position by more acceptable diplomatic means." But insulting a foreign ambassador was exactly what Ayalon had set out to do, and the Turks on Wednesday rejected his "apology" as insufficient. (See the top 10 embarrassing diplomatic moments...