Word: regionality
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Twenty years after revolution swept communism from Eastern Europe, the region is in the middle of another maelstrom. The global economic crisis has hit countries like Latvia, Hungary and Poland particularly hard. Eastern Europe's boom over the past few years was fueled in part by heavy borrowing from Western banks and easy access to foreign currency denominated loans. Now, with credit dried up, huge debt loads to pay and Eastern European currencies in free fall, the good times are truly over...
...commission predicts the E.U. economy will shrink 1.8% in 2009. That's going to make borrowing crucial. Ireland's budget deficit is projected to rise to 13% of GDP by 2010; Britain's could hit 9.6%. France and Germany are both expected to blast through the 3% ceiling. The region's debt figures are just as dire. (See pictures of the financial crisis hitting London...
...antibodies, identified at the Harvard-affiliated Dana-Farber Cancer Institute, target a mutation-resistant region on the surface protein Hemagglutenin, which provides a crucial link between the many strains of influenza virus...
...Guantánamo Bay like Bush. He won't accept lobbyists into his Administration like Bush. He will court the opposition party much more seriously than Bush did. He is unlikely to even keep the Bush request for a new helicopter to transport the President around the Washington D.C. region. "The helicopter I now have seems perfectly adequate to me," Obama says...
...which has thus far claimed the lives of 13 soldiers in February, has been put under review - but the President has resisted specific comments about plans to withdraw troops. Meanwhile, the military has continued - some would argue increased - regular remote-control missile attacks on suspected terrorists in the border region between Afghanistan and Pakistan with only minimal comment from the White House. (See pictures of the battle against the Taliban...