Word: protectiveness
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Many other large company boards have abdicated their responsibilities to their shareholders as the firms that they were supposed to protect fell apart. It is remarkable that so few directors at other large companies have learned so little from these failures in governance. More large companies may fail as a result...
...deal with ugly reality on the ground. Faced with a failing Afghanistan, the U.S. needs Pakistan's government and military leadership to work together to destroy al-Qaeda and Taliban sanctuaries along the lawless northwestern border between the two countries, crack down on Islamic militants at home and protect the country's nuclear bombs...
After the emerging-market currency collapses of the late 1990s, in which IMF aid wasn't much help, the lesson that emerging economies such as China and India took was that they needed to build up gigantic reserves of U.S. dollars to protect their currencies. To build those reserves, they ran big trade surpluses, which were in turn enabled mainly by record trade deficits in the U.S., which were in turn enabled by massive borrowing from around the world. It was an extremely unbalanced financial ballet, and it has now come crashing to the ground...
...warning typically informs Internet users that their computer might be infected with harmful software if they visit a suspect Web page, and it directs them to visit StopBadware’s Web site to learn more about how to protect their computers from malware...
That's unlikely to prevent the protectionist winds blowing elsewhere, though. Last week's massive strikes in France, for example, were motivated by demands that the government do more to protect public- and private-sector jobs threatened by both recession and economic reforms. Polls showed that nearly 70% of the public supported the demonstrations; new surveys show that more than 61% of people back renewed strikes this month...