Word: retreater
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That sense of distrust was intensified by the spectacle of South Korea's continuing meltdown. Seoul jolted the world again last week when its largest state-owned bank halted efforts to raise $2 billion in desperately needed cash to pay off loans from Japan and other countries. The retreat, which came barely a week after the International Monetary Fund agreed to ride in with a $57 billion rescue package, raised the specter of a massive default by the world's 11th largest economy on its far-flung foreign obligations...
Despite such frictions, the Dooleys have made a happy life for themselves, finding friendships with other outsiders. Last summer they decided to retreat from Wilmington, buying an acre parcel in Sycamore Glen, a subdivision full of newcomers on what used to be a farm outside town. (More than 500 new houses have been built in the Wilmington area since 1995, and 1,000 more are planned.) Mike and Ruth are designing a two-story brick house with a deck overlooking their wooded backyard. But they're arguing about whether to put a front porch on the place. Ruth wants...
...about to turn 25 and just a few years out of Yale. The boundless self-confidence that created TIME would sustain his second magazine, FORTUNE, through a rocky birth that was announced just as the stock market crashed in 1929. Against the advice of colleagues who warned him to retreat, Luce persevered, and so did FORTUNE. In 1936 he brought out LIFE. His last invention, SPORTS ILLUSTRATED, was launched with an initial circulation of 450,000, the largest in magazine history. Today, Time Inc. comprises 30 magazines with a circulation of more than 25 million around the world...
When HILLARY CLINTON visited England in November, one of her meetings was kept private. Along with a delegation of top American officials, she spent a Saturday at Chequers, the country retreat of British Prime Ministers. Sitting around a conference table with TONY BLAIR and his political brain trust, they worked together on ways for "New Labour and New Democrats to develop policies in a complementary way that are a model for other center-left parties around the world," says Peter Mandelson, the media guru who has helped shape Blair's image...
...students beat such a hasty retreat? The Cult Hotline and Clinic in New York City has received a dozen complaints from family members concerned about their relatives' overzealous commitment to the center. Students often spend Jewish holidays with Berg; a few become hevra, volunteers who live and work at center facilities. "My husband took our daughters there," says a Long Island, N.Y., homemaker. "My eight-year-old said, 'When you look into Rabbi Berg's eyes, you see his soul, and he's beautiful.' I ask you, is that normal?" Their marriage fell apart after her husband insisted on spending...