Word: rising
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...immediately ahead, if Phelps view, which is a remarkably dark vision of America's future, is right. This desperate image of the national economic life assumes that the innovative power of American business cannot build another huge sector the way that it did in the 1970s with the rise of the great technology companies like Microsoft (MSFT), Intel (INTC), and Cisco (CSCO), and twenty years later Google (GOOG) and the second reincarnation of Apple (AAPL), which was built on nothing more than the ingenuity behind the iPod and the Mac. (See pictures of the iPhone...
...programs currently being created by the national government will be failures if Phelps and his colleagues are right. Or, better said, the programs will only build jobs for a short period. The rise in employment because of federal intervention will disappear when the government can no longer afford to pay for the buttressing or the electorate turns against the deficit that the spending programs build. The Administration's plan, which has been so heatedly debated, to save 3 million to 3.5 million jobs, will only be an elaborate trestle with its base set on limestone...
...technicians, who use mathematical formulas as well as charts and historical data to figure out where share prices are headed, believe the market's rally that started in early March, and has pushed stocks up 36% in less than two months, is here to stay. They say stocks will rise another 10%, before the market stalls. That would leave the Dow Jones Industrial Average at around 9,200, or about where it was in early October, just after the initial $700 billion bank rescue plan was passed by Congress, though still well off the market high...
...participating in any political activity. Unfortunately, these are of very little importance to Turkey. This country, whose strategic value has been vastly overestimated, continues to bully, demanding that the E.U. adapts to its unacceptably low standards, instead of making some serious efforts both in domestic and foreign policy to rise to the level of a modern, Western democratic country. Georgios Kapellakos, KHALKIS, GREECE
Still, the army is reluctant to launch an all-out campaign against the militants, not least because of a widely held perception in Pakistan that the Taliban's rise is a product of America's unpopular war in Afghanistan. There's little support in the public - or within the ranks of the military - for deploying the military in a sustained civil war against the militants. Many in Pakistan were convinced that the Taliban had exceeded their bounds in Buner and Swat and needed to be pushed back - but not necessarily crushed. Whereas U.S. officials warn of the Taliban...