Word: representation
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Dates: during 2000-2009
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Prices in the futures market - and, indeed, any real-life market on a standardized good - do not form where actual supply meets actual demand; they form where perceived supply meets perceived demand. Participants in the futures market merely represent the world around them. A veil has been placed over the...
As his powers at home grew, al-Maliki looked to expand his international Rolodex beyond his longtime backers in Tehran. In July, the Iraqi leader flew to Europe for appearances in Germany and Italy and at the European Union headquarters in Brussels - all haunts of Bush Administration "frenemies" over Iraq...
That policy - instituted on the basis that gay officials might be vulnerable to blackmail - was lifted at the start of the 1990s, but perceptions of Whitehall as a place where it's better to stay in the closet have been harder to shift. "All we're doing is making sure...
The December strikes near U.N. offices in Algiers bore a similar Al Qaeda earmark, experts say: while targeting foreigners, it maximized the death toll by claiming as many people from the local Muslim population as possible. By contrast, while the eight people killed and 19 injured in the August 10...
New oil and gas projects represent a vital source of government revenue for impoverished nations like Peru or Bolivia, but they may come at a high environmental cost. The reason much of the western Amazon remains intact - quite unlike the rainforest to the east - is simply because there are still...