Word: processing
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Dates: during 2000-2009
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Will determine whether a financial process can be patented; current laws grant patents only for a concrete "machine or apparatus...
...growing differential in interest rates is only one element in this process. On the day Australia raised interest rates, Britain's Independent newspaper reported that the Gulf Arab states and China, Russia, Japan and France are working to end the use of the dollar in oil trading by 2018. Citing "Gulf Arab and Chinese banking sources in Hong Kong," the newspaper said the plan is to price oil using a basket comprising gold, euro, yen, renminbi and a new unified currency for the Gulf Cooperation Council countries...
...Commander in Chief of American forces at war on two fronts. At least rhetorically, he has hasn't ruled out the option of taking military action against Iran's nuclear program. And while he has focused his energies on trying to kick start the Israeli-Palestinian peace process, his entreaties haven't exactly been well received or borne any fruit. In all these foreign policy quandaries, not to mention North Korea's nuclear program, the President will face ugly choices, none of which will be ameliorated by the kudos of a Nobel Peace Prize. (See TIME's Photoshop imaginings...
...report accusing Israel (and Hamas) of committing war crimes in Gaza last winter. Hamas, the militant organization that controls Gaza and is also the ruling party in the elected Palestinian legislature, has the power to effectively veto any peace agreement, but it is not being engaged in any process. (Along with the Taliban, Hamas was also one of the groups that had no kind words for Obama's winning the prize). (See pictures of Obama's first eight months of diplomacy...
...Dawoud Ibrahim, the producer of Al Hadath, a political news show on the Lebanese Broadcasting Channel. "People spend years working for peace," says Layal Abou Rahal, an editor at the Kuwaiti newspaper Al Jarida. "What did he do? Let's imagine he will in fact help in the peace process between Israelis and Palestinians. What will they give him as a reward then...