Word: primed
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...Petro-economies once seemed impervious to the American sub-prime mortgage mess. That view is reflected in a grim joke making its way around Wall Street and the City of London about the options left for laid-off bankers: "It's Dubai, Mumbai, Shanghai, or goodbye." But the reality may be even grimmer. In fact, Dubai and the other oil-enriched regions of the Arab world aren't quite the safe havens they once were. Western and Middle Eastern markets are more closely intertwined than they were during the 1970's oil boom. But recently, Arab exchanges have been...
...Oreo cake batter. Of course, there will always be critics. “The ice cream at Lizzie’s is better,” says Alyssa M. Blaize ’12. “The flavors there seem more eclectic.” But with a prime location and steady flow of customers already, J.P. Licks seems to have more than enough fans at its new location. Market in the Square 60 Church Street Open daily, 24 hours First things first: this is not a supermarket. If you’re looking for the basics, you?...
...other retirement accounts held at FDIC-insured banks.) If you have more than $100,000 in deposits at a single bank, well, congratulations. But you probably want to spread it around. Sometimes people wind up over the FDIC limit simply because banks merge. Bank of America, to take a prime example, started its acquisition binge long before Countrywide and Merrill Lynch. Inertia prevents plenty of people from opening up new accounts elsewhere. Now might be a good time to do that...
...recent farewell banquet hosted by Iraqi government officials for General David Petraeus, an aide to Prime Minister Nouri al-Maliki lauded the U.S. military chief's efforts to help bring violence down to levels not seen since early 2004. "We appreciate what you've done, General," the aide recalls saying, "but there's another American General who would be warmly and immediately embraced by all Iraqis, one who would help us even more...
...Delhi and Mumbai have been placed on high alert, and there is a palpable sense of panic in the capital. For at least an hour after the blasts, phone lines were jammed and traffic slowed to a crawl as people rushed home to safety. Prime Minister Manmohan Singh condemned the blasts and appealed for calm. Police said all the explosions were low intensity, but don't know much about the nature or composition of the bombs. Unconfirmed reports say that bombs were detonated on a bicycle, in a dustbin and in an autorickshaw...