Word: recorditis
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...Commissioner for Economic and Monetary Affairs said Athens' targets were "ambitious" but "achievable." Importantly, Greece managed to raise about $11 billion in its first postcrisis bond offering on Jan. 25. But relief was short-lived. Within days the spread over 10-year German bonds, the European benchmark, reached a record high. The bottom line: until the Greek government delivers results, the pressure...
Soon the wider world is coming to call. Mapplethorpe is taken up by the older men who will school him in art history and seat him at tables with Bianca Jagger. Smith starts giving poetry readings that lead to a record contract. For these kids, it's childhood's end. The Rimbaud-Watusi years are just beginning. But the chocolate milk has run out for good...
President Obama's $3.8 trillion budget for 2011 drew fire from lawmakers who say the plan does not seek to make a deep-enough dent in the soaring U.S. deficit, expected to hit a record $1.56 trillion this year. Obama blamed the shortfall in part on the "decade of profligacy" under his predecessor, including two wars and tax cuts for the wealthy. Propping up the fragile economy, he added, remains a top White House priority--and it's not cheap. While the proposed budget includes a three-year freeze on discretionary spending and other deficit-reduction measures, it also calls...
...Saturday were more than a thousand people dressed in orange (the color of the Dutch royal family), singing, ringing cowbells, waving noisemakers, treating this somniferous sport as it were a championship title bout. When Dutchman Sven Kramer, 24, won the gold and set an Olympic 5,000-meter record, they roared. But, then again, they cheered boisterously for every skater that passed by them. As sports fans go, no group is more bewildering than the speed-skating nuts from Holland...
...also helps the Dutch spirits that their skaters bring home the hardware. Kramer won the 5,000-meter race on Saturday with a time of 6 min. 14.60 sec., setting a new Olympic record and nabbing his first gold. (American Chad Hedrick, the defending Olympic champion in this event, finished 11th; Shani Davis, the favorite in the middle-distance races, came in 12th.) Holland has now won 25 speed-skating golds in its Olympic history, tied for second with Norway behind the United States, which has 28, as the country with the most titles in the sport. Kramer is also...