Word: respectable
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...alliances, negotiation, a global strategic vision - after the ad hoc, go-it-alone bellicosity of his predecessor. No less a high priest than Henry Kissinger recently called Obama a "chess player," which is high praise in the world of diplomacy. In domestic policy, however, it has meant an undue respect for the institution of Congress, a sclerotic body badly in need of creative leadership. This is leading Obama into trouble...
...legislation, giving jurisdictions and managers time to adapt - promises the most significant change. The E.U.'s approach is understandable. If you want to protect European investors, it's no good regulating domestic fund managers if those selling to investors from outside the region aren't obliged to respect similar rules. But while U.S. efforts are underway to bolster the policing of hedge funds - and the meaning of equivalent regulation is still to be defined at the E.U. level - as it stands, "regulatory equivalence between the United States and European countries does not exist," says Andrew Baker, CEO of AIMA...
Ecuador must respect those currently living in the Galapagos, but these people cannot claim the kind of rights and legacy of other truly indigenous groups. True, one cannot simply tell the current settlers that their new homes are a mistake. But future human occupation of the islands must be regulated as closely as the tours that allow for its presence. All tour guides are also trained park rangers. It is time that the people of the islands take on a second identity as well, as more active conservators of their adopted home...
...Still, during his visit to Moscow Obama reiterated that "America supports now the restoration of the democratically elected President of Honduras." He added, "We do so not because we agree with" Zelaya's often anti-U.S. stances, but "because we respect the universal principle that people should choose their own leaders, whether they are leaders we agree with or not." Micheletti's Foreign Minister, Enrique Ortez, shot back, saying "I respect that little black guy, but he doesn't know where Tegucigalpa is." It appears, however, that Obama may well know enough to get Zelaya back to that capital...
...think it is catching on. It's the fastest-growing sport in America. I think a lot of guys are learning to respect our game as well. Our women's Olympic team is going for its fifth gold medal...