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Because they might have to restart the buying program later? Yes. I think the Fed wonders about this as well. But you have to understand that the Fed's probably under political pressure - such as the hearings for new regulation of the Fed, the growing public unease about the supersized Fed balance sheet, etc. The Fed's expanded balance sheet is not something that I consider to be a problem, but I think the market does - and so the Fed will probably be working in the direction of pulling some of the liquidity out of the marketplace. They...
...biggest difference may be that Iran is historically more democratic than China, where public participation in politics has been restricted for centuries. Iranians have had a growing role in politics since the 1905-11 Constitutional Revolution produced Asia's first parliament; they've voted for decades under both a monarchy and a theocracy. Also, China has long been a closed society; Iran's Indo-European population has long had exposure to Western ideas and education...
...next key test for both sides will be the so-called 11 Days of Dawn commemoration of the 1979 revolution that begins on Feb. 1, marking the day revolutionary leader Ayatullah Ruhollah Khomeini returned to Iran from 14 years in exile. The public celebrations, the most important political holiday of the year, end on the anniversary of the fall of the government installed by the monarchy, which paved the way for creation of the world's only modern theocracy...
...companies are not prepared for such an ecological crisis." The accident mirrors a 2005 explosion that released 100 tons of toxic benzene into the Songhua river in northeastern China, tainting the water supply for several million residents of the city of Harbin. While that disaster helped sparked new public awareness of the extent of the nation's water pollution, the lessons of 2005 are still being painfully relearned today.(See pictures of the world's most polluted places...
...Then as now, news of the incident was only made public days after the initial accident. While the initial response to last week's spill was quick, coordination with downstream governments was slow, says Wen. "When the spill occurred, there were 700 people immediately mobilized to try to deal with the problem. That's still not enough," he says. "Officials should realize that once the spill occurred, they should immediately inform downstream areas...