Word: scareder
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She has every reason to be scared because financial services have a record of retrenching fast in a crisis. And the business in some sectors has evaporated. The volume of mergers and acquisitions, for example, is down by about two-thirds from its peak in 2006, while the public stock...
Reverberations from the implosion of the U.S. debt bubble can be felt a long way from Wall Street. Gaurav Rege was a hotel manager near Rishikesh, an Indian hill station at the foot of the Himalayas. He and his new wife are young, educated, well-off - and worried. A member...
NASA was actually founded in 1915 and at the time was known as the National Advisory Committee on Aeronautics - or NACA. Its job was to keep the nation abreast of the latest developments in the then-nascent technology of powered flight. NACA was established with good intentions but operated mostly...
As the country waits for a political breakthrough, a fresh government crackdown on potential dissent has many critics running scared. On September 12th, three opposition-linked figures - an online blogger, a journalist and a politician - were taken into custody. The country's Law Minister Zaid Ibrahim resigned in protest of...
The brazen nature and devastation wrought by the attack has provoked a level of public condemnation not heard since the assassination of former prime minister Benazir Bhutto last December. Local headlines labeled the atrocity "Pakistan's 9/11," and in his first televised address since assuming office, President Zardari urged Pakistanis...