Word: primed
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...morning trading. China was not spared. The CSI 300 index, which tracks both the Shanghai and Shenzhen exchanges, was down 4.43%. Singapore's main index fell 7.72% amid economic news that the island state has slipped into recession for the first time since 2002. In a speech Friday, Singaporean Prime Minister Lee Hsien Loong predicted a continued "rough ride" for Asia. "The world is caught up in a financial storm, and dark clouds fill the immediate horizon," Lee said to a meeting of Indian expatriates in Singapore...
Neither Levine nor Diamond claims that Jewish participants in, say, the sub-prime mortgage crisis have been more virtuous than non-Jews. But both are inclined to analyse it through the lens of Jewish law, especially regarding proper financial disclosure, on which so much of the current fiasco has hinged. Here are some of the ancient principles they feel are applicable to today's bad news...
...However, there is a heavy responsibility on the groom: if he has relatives who could have observed the disfigurement by checking out his fiance in the womens' bath but neglected to do have them do so, he can't complain. This suggests (feminist complaints notwithstanding) that culpability in sub-prime crisis does not lie solely on the mortgage broker who glided over the fact that payments ballooned in the third year; but also on the buyer who happily neglected to read the fine print: : "Ignorance of the facts is no defense," Diamond says...
...trumped his skin color; he is being judged on the content of his character. But there is a real challenge - and opportunity - inherent in his success. Obama has taken some inspired risks in this campaign. His willingness to propose more governmental control of the health-care market is a prime example. But he has also been very cautious, a typical politician in many ways. The most obvious is in his resolute unwillingness to deliver bad news or make any significant demands on the public. Neither he nor McCain had anything but platitudes to offer when asked what sacrifices they would...
...money shot here (aside from the press conference at which Putin humbly suggests that the video is not really about him) is the one of the Russian Prime Minister swaying his hips round and round. Clearly, he's loosening them up for maximum potential flippage, yet he looks like he's manipulating an imaginary hula hoop. It's the one moment when his ice cold Russian toughness is nowhere in sight...