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Word: rooting (lookup in dictionary) (lookup stats)
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...concept took root in Britain, where there's no tax on gambling winnings but where capital-gains taxes can run as high as 40%. Betting transactions also don't incur the .5% duty the British government levies on stock transactions and are free of fees and brokerage commissions. Increasingly, investors are using spread betting not just to make quick and large gains on price and market swings but also to hedge their investments. For example, if you want to keep shares in your portfolio as a good long-term investment but think the price may fall in the short term...

Author: /time Magazine | Title: Bets on the Market | 12/18/2000 | See Source »

...there is a silver lining for Democrats in the cloud that is Al Gore's loss, it is that just-concluded election virtually ensures that their worst nightmare will never find root in the reality of a Bush administration. Sure, this Court handed the election to Bush - but it also raised many an eyebrow among an anxious public: Do we want a judiciary whose political leanings are so defined, and carry such weight? The Bush White House will be very much aware of that skepticism, and that knowledge - combined with the specter of a full 50 percent of Americans...

Author: /time Magazine | Title: A Kinder, Gentler Supreme Court? | 12/14/2000 | See Source »

...together a Northern Ireland peace treaty that has never moved far from the verge of collapse, he now has the thankless task of picking up the pieces of the failed Middle East peace process. The former U.S. senator is heading a commission of European heavyweights charged with investigating the root causes of the current violence in the West Bank and Gaza, and recommending remedies. The urgency, and complexity, of their task was underlined Wednesday when four Palestinian policemen died in a predawn shootout with Israeli troops at the Khan Younis refugee camp in Gaza, while a Hamas member was shot...

Author: /time Magazine | Title: Despite Talks, Few Signs of Peace in the Mideast | 12/13/2000 | See Source »

...they are studying derivatives. "How many people are in a duet?" High asks. All the kids know the answer, and when she asks how they know, a boy responds, "Because duo is 'two' in Latin." High replies, "Plaudite!" and the 14 kids erupt in applause. They learn the Latin root later, or side, and construct such English words as bilateral and quadrilateral. "Latin's going to open up so many doors for you," High says. "You're going to be able to figure out the meaning of words you've never seen before...

Author: /time Magazine | Title: The New Case for Latin | 12/11/2000 | See Source »

...weaponry from Iran. The most plausible explanation for its tow missiles--strenuously denied by Iran--is that these are some of the 2,008 units of the antitank weapon sold to Tehran by the U.S. in 1986 in exchange for the release of American hostages held in Lebanon--the root of the Iran-contra scandal that dogged the Reagan Administration. The actual delivery of those missiles to Iran was, of course, carried out by Israel...

Author: /time Magazine | Title: Ask the World | 12/11/2000 | See Source »

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