Word: panic
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...niche market of real-people movies, the two wedding-panic comedies, The Proposal and The Hangover, held their audiences, losing only 18% and 12% respectively from the previous weekend. Sandra Bullock's comeback film is well past the $100 million mark, and The Hangover is well past $200 million. Whatever reservations you might have about these movies as works of popular art, the numbers are good news, in the blockbuster-dominated summer market, for the little movies that could. (A new romantic comedy, I Love You, Beth Cooper, raised barely a titter, or a Twitter, pulling in just $5 million...
...Some analysts believe that a bigger problem may be consumer panic. Drivers, who on average have one-third of their tank filled, could rush out to fill their tanks, effectively tripling the demand for gas. That alone would send oil prices soaring. So, too, would speculation by investors who predict a drop in supplies. "Prices will rise, and people will buy futures," says Drollas. "Traders will buy because they are worried about their supplies." All that could send market prices rocketing - and deepen the global recession. It remains to be seen whether the market remains calmed by Obama's reassurances...
...month ago, British Health Secretary Andy Burnham issued a statement urging British citizens not to panic despite a surge in the number of cases of H1N1 influenza in the country. Now it seems health officials have the opposite problem: they are urging parents not to hold "swine flu parties" that some people believe will build up children's immunity by infecting them with the virus...
...Corrales says many Latin Presidents are feeling a similar sort of panic. Earlier this year, Chávez saw plummeting oil prices threaten to undermine his socialist revolution, which has enfranchised Venezuela's poor but has also raised fears about authoritarian rule. Chávez rushed through a constitutional referendum last February that lets him run for re-election indefinitely. Fernández's midterm defeat, says Corrales, may have leaders like Chávez "asking if they should ease up on their ideological hard line or ramp it up to neutralize opponents before it's too late." In Honduras...
...India for weeks, and the meteorological office has confirmed fears that the country will get late and below-normal rains this year. In a nation where 60% of farmland depends on rains, and where farms provide livelihood to more than 60% of the population, the news has triggered widespread panic. Top bureaucrats have been huddled up in meetings to chart out contingency plans to minimize damage to an already-stagnant agriculture sector in an economy which has only just begun to show signs of recovery following the worldwide slump...