Word: secondings
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...about a new wave of financial problems rippling through global markets. Stock-market indexes plummeted, the cost of insuring against a default by Dubai jumped and the dollar strengthened as investors rushed back into greenbacks. On Friday afternoon, stock markets made something of a recovery as analysts took a second look at what Dubai's proposed repayment halt means. Eighty billion dollars - Dubai's total liabilities - may sound like a lot of money but in the context of the past year, it's not huge. And while banks like HSBC and Barclays have billions in exposure to Dubai, they...
...name, which means "Fifteen Thousand," each more colorful than the one before it. Mayor Mario Samanez claims to have the official version. He says its rains around 15,000 mm (590 inches) each year in the town, hence the name. "This is the spot with the world's second highest amount of rainfall annually. That is where the name comes from," Samanez says...
...still roaming around freely in Pakistan. Therefore, I respectfully request the world community to use all its influence on Pakistan to desist from that sort of behavior." Those are strong words coming from the normally reticent Indian leader, and a signal of a harder line in the second year after Mumbai...
...convince skeptical Americans - as well as NATO allies at a Dec. 7 meeting - that Afghan President Hamid Karzai is a solid partner in the war effort. That's a daunting task in light of allegations of corruption enveloping him, including the disputed August election that gave him a second five-year term...
...tendency to diss our allies and insult - or invade - our enemies. It is a long game, which will yield results, or not, over time. After a first year spent demonstrating a new comity, Obama has gained the global credibility to get tough - on Iran, for example - in his second year. But the real evaluation of Obama's debut must wait for the results of the two biggest problems he's tackling: his decision on Afghanistan and the congressional attempt to pass health care reform. And even here, it will be difficult to render judgment immediately - as difficult...