Word: quos
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Recessions tend to shake up the corporate status quo. Under the stress of collapsing demand and tighter credit, companies that seemed solid are exposed as dangerously flawed, while others panic, slash costs, hunker down - and pass up chances to gain on their competition in ways that would be impossible in a normal economic climate...
...limit U.S. influence. The organization convened most recently this week in Yekaterinburg, Russia, where China proffered a $10 billion soft loan to tithe over the region's ailing economies and all spoke of enhanced political and economic cooperation. "Russia and China are both interested in maintaining the status quo," says Sean Roberts, a Central Asia expert at George Washington University. See pictures of Chinese investment in Africa...
...despite Medvedev proclaiming it time for Moscow to step up to the challenge of stopping the violence in the North Caucasus, many observers think the Kremlin is keen to maintain the status quo. "This is the stability that the Kremlin wants," says the Carnegie Institute's Malashenko. "In Europe or anywhere else, the regular deaths of government workers in one region would not be classified as stability. The North Caucasus are not stable; they are just in a constant state of 'not war.'" And as long as they stay that way, the Kremlin seems happy to turn its back...
...biggest beneficiaries of the relative status quo were two smaller groupings on opposite sides of the political spectrum. On the left, the Italy of Values Party, led by former anticorruption prosecutor Antonio Di Pietro, tallied 8% by appealing to voters who want a more aggressive approach in taking on Berlusconi. On the right, the once separatist Northern League Party, allied with Berlusconi, collected an impressive 10% of the vote, as its sometimes nasty anti-immigration rhetoric registered with an electorate feeling the effects of the economic crisis...
...concessions it never would have considered before - like agreeing to set prices on policies without regard to an individual's health history - in exchange for the access to the vast new market that would come with universal coverage. "Nobody here in our industry is defending or wants the status quo," says Karen Ignagni, who heads the leading insurance lobby group. Perhaps most important, there is more agreement than ever before that for any health-care system to work, everyone - or nearly everyone - has to be covered...