Word: replays
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...companies alike. But while investors are right about China's economic importance to the world, they're clearly still confused about how to interpret a decline in Chinese stocks. There's little question that the reaction to China's market swoon was overwrought, and that this is not a replay of 1997. Rarely, if ever, has the global economy been stronger than it is now-one reason why so many stock markets have been so healthy for so long. If anything, what the Shanghai shock provided was a reason for investors-finally-to get real: relentlessly rising stock prices virtually...
...companies alike. But while investors are right about China's economic importance to the world, they're clearly still confused about how to interpret a decline in Chinese stocks. There's little question that the reaction to China's market swoon was overwrought, and that this is not a replay of 1997. Rarely, if ever, has the global economy been stronger than it is now - one reason why so many stock markets have been so healthy for so long. If anything, what the Shanghai shock provided was a reason for investors - finally - to get real: relentlessly rising stock prices virtually...
...position we are in today. Tens of thousands of people have been killed in a raging civil war, the international goodwill following 9/11 has been wasted, and we have a huge deficit and a military that is being ground down. Even if this Administration could push a replay button, the result would be like the movie Groundhog Day--an endless repeat of the same mistakes...
Winter in the northern hemisphere means one chilling thing for global health officials: it's bird-flu season. Nine countries have announced outbreaks in recent weeks, and infections are expected to accelerate as temperatures drop and migratory birds carry the virus to new areas. A replay of 2006-when H5N1 killed 80 people and spread to the Middle East and Africa-could well be on the way. Worst-case scenario: the virus might mutate and become easily transmissible among humans, potentially triggering a global pandemic. "Like last year's bird-flu season," says WHO spokesman Peter Cordingley, "this year could...
Winter in the Northern Hemisphere means one chilling prospect for global health officials: it's bird-flu season. Nine countries have announced outbreaks in recent weeks, and a replay of 2006--when H5N1 killed 80 people and spread to the Middle East and Africa--could well be on the way. In an effort to stay ahead of the virus, the Department of Health and Human Services on Wednesday said it is giving $132.5 million to makers of bird-flu vaccines that rely on immune-system boosters called adjuvants. "In the event of an influenza pandemic," said HHS Secretary Mike Leavitt...