Word: reasoned
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With its awful name and convoluted rules, the cash-for-clunkers program might well have been a flop, yet it turned into a surprising success, even inspiring many of its critics to call for an additional $2 billion in funding. One big reason: the program boosted July 2009 sales of new cars and trucks, giving the economy a bit of a lift...
...random and frequent brownouts or the latrine we have to squat in every day. Instead, at the non-governmental organization where I’m working, I have been most struck—and irritated—by some native Ugandans’ acceptance of inefficiency for no reason other than T. I. A.—“This is Africa...
...right with the markets again. But last week's Shanghai surprise is a foretaste of what can happen if China's vaunted economic recovery turns out to be a dud. The country's better-than-expected GDP performance is one reason for the current view that the global economy is poised to resume growth, an optimistic reading that in turn is helping fuel investment rallies around the world. But stock markets anticipate the state of the economy and corporate earnings months in advance, so today's euphoria can turn into ashes if the reality falls short of expectations...
Hard-line rhetoric heated up soon after the trials began. "Today's confession has opened the way to dealing with the leaders of the unrest," Hamid Resaee, a conservative lawmaker, told the state news agency IRNA. "There is no longer any reason to tolerate or compromise." Hard-line cleric Elias Naderan was even more explicit: "Those within the inner circle who managed the unrest must be put on trial. We shouldn't chase after weak, second-class figures with no influence...
...numerous times bazaars in all major cities went on strike to protest the Shah's autocratic rule. The family networks of bazaaris as well as their business networks were so intertwined with the Shi'a clergy that Iran experts spoke of the "bazaar-mosque" alliance as the main reason for the toppling of the Pahlavi monarchy. But is that alliance still holding strong in the wake of the largest protests in Iran since 1979? Could opposition leader Mir-Hossein Mousavi persuade the bazaaris to strike in support of him? (See pictures of the turbulent aftermath of Iran's presidential election...