Word: panics
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...Panic Can Be Your FriendWhen disaster strikes, a troubling human response can inflate the death toll: people freeze up. They shut down, becoming suddenly limp and still. That's what happened to some people on Sept. 28, 1994, when the M.V. Estonia went down in the Baltic Sea, the worst sea disaster in modern European history...
...longer just threatening Australia's $30 billion agricultural economy, the drought is contributing to soaring world food prices - rice, wheat and corn prices have more than doubled in the past two years - which in recent weeks have triggered panic buying, hoarding and a string of riots across the developing world. "International agencies are belatedly recognizing," says Julian Cribb, a professor of science communication at Sydney's University of Technology, "that the global food crisis is much closer than the climate change crisis or even the next oil crisis...
...sport in the picture); and how this year my wardrobe consists of lux sweaters in various shades of blue and grey and moccasins by Ermenegildo Zegna—I look back at that picture and wonder if I’m even the same person.In a state of panic, I fish out those old cargo pants—still in my closet, I’m very sentimental—and try them on to see if the me I see is anything like the me I am today. But then, I take a closer look at the mirror...
...Republicans, meanwhile, struggled to avoid panic. House Republican leader John Boehner called the results a "wake-up call." The head of the GOP election effort, Oklahoma Rep. Tom Cole, told his members to "take stock of their campaigns." His message was unmistakable: The national party cannot protect them. Republicans spent at least $1.3 million to defeat Childers, and even flew in Vice President Dick Cheney for a last-minute appearance. While he did not personally visit, Presidential candidate John McCain did record robocalls as part of the effort. "Voters remain pessimistic about the country and the Republican Party in general...
...recent tumult not as nauseating but as necessary. "You read all these things" about the markets, says shareholder Kip Van Kempen, an insurance broker from Toronto, "and you don't want to be in housing; you don't want to be in U.S. equities. Buffett reminds you not to panic, to be patient. That's a lesson you don't hear very often...