Word: outlook
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...what does that mean? It has become something of a tradition for a President to claim bipartisanship by appointing stray members of the opposing party who either have a similar outlook or are tucked into the most obscure Cabinet positions; even George W. Bush hired Norman Mineta - remember him? - as Secretary of Transportation. Obama seems intent on going beyond that. "I don't want to have people who just agree with me," he said. "I want people who are continually pushing me out of my comfort zone." Obama said he'd be particularly interested in having high-ranking Republicans advising...
...last several years. Vietnam's stock market, which has fallen 58.5% since January, currently holds the unhappy title of being the worst-performing in the world in the last 30 days. Citing the government's difficulty in reining in inflation, Moody's, which grades creditworthiness, lowered Vietnam's ratings outlook last week to negative from positive. Poor ratings signal that banks may have trouble meeting their financial obligations, undermining investors' confidence in the country. In a nutshell, the economy overheated and the government was too slow to respond, says Jonathan Pincus, chief economist for the United Nations Development Program...
...state financial institutions as their own piggy banks. But any sudden moves can also threaten to strangle businesses and scare away new investors, which Vietnam must avoid if it is to meet its revised 7% growth rate. Still, while the numbers look bad now, Vietnam's long-term economic outlook is good, says Tom Nguyen, head of global markets at Deutsche Bank in Ho Chi Minh City. Some think the government's ability to deal with public dissent swiftly and harshly lessens the threat that strikes will turn into violent protest or will encourage calls for political change. Vietnam remains...
...Betting on the Farm The outlook is not unrelentingly bleak, however. Leaders meeting in Rome pledged - at least in theory - to spend billions more dollars for agricultural programs. African governments and international organizations now face the task of getting new projects off the ground quickly. Obstacles abound. After decades of neglect, transportation networks for getting crops to market consist mainly of rutted dirt roads; irrigation systems are in a shambles; and there's little access to credit for poor farmers. Aid agencies are starting some programs virtually from scratch. "There are very few plans to take off the shelf," says...
...McCain, as he will all summer and fall, argued that Obama is too inexperienced to bring about change - an argument road tested for him by Hillary Clinton. Meanwhile, Obama's critique - that McCain is too much like Bush in his policies and outlook to represent real change - will be repeated to voters over the next few months as well. And it also is the argument that Obama made against Clinton throughout the primary contest...