Word: secularized
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Dates: during 2000-2009
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...stock market is up nearly 50%. Many bulls say there are hundreds of billions of dollars sitting on the sidelines that will come in, pushing the market higher. Do you agree? We've been through a secular bear market that really began in 2000. Adjusted for inflation, the S&P 500 is down 65% since then. We've been through the worst 10-year period of stock returns on the S&P in the history of American equities. But I think we saw the bottom of the secular bear market [at the March lows]. My view is that the money...
...Coup Trial: The Sequel Fifty-six people, including two retired generals, went on trial in Turkey's second case against a clandestine group accused of plotting to overthrow the government of Prime Minister Recep Erdogan. The case highlights a growing divide between his Islamic AK party and the secular military, which has staged coups in the past. The first trial of 86 suspected members of the group, known as Ergenekon, began last October. Both cases could drag on for months or even years...
Among a dozen likely protesters interviewed in Tehran, most of whom were recent university students, the picture that emerged was one of intense dissatisfaction with the theocratic regime, a system forcing its strict religious codes on a progressively more secular youth population. But many of them do not desire regime change or welcome the violence that would surround such a revolution. Many recall that their parents suffered through such chaos in the run-up to the 1979 Islamic revolution (coincidentally fueled by gatherings commemorating the 40-day anniversaries of those killed in street clashes). Nor do today's young protesters...
...parties over the past 30 years has not been encouraging. Ayatullah Khomeini founded the Islamic Republican Party (IRP) during the 1979 revolution that ended the rule of the Shah, corralling his various supporters into a single organization. Yet Khomeini used the IRP to push out the competing groups - secular and Islamic - that had taken part in the revolution, consolidating the postrevolutionary government under his auspices. Afterward, the IRP, the only official party in Iran during the 1980s, quickly became a vehicle for factional disputes over economic and social policies. Khomeini disbanded it in 1987. (Presidential candidate and former speaker...
...Shas party has been embroiled in a corruption controversy. Two Shas ministers have been convicted on corruption charges in recent years. Yossi Klein Halevi, a senior fellow at the Adelson Institute for Strategic Studies in Jerusalem, explains that some parts of the ultra-Orthodox community tend to disregard secular law, despite a tenacious adherence to the minutest detail of Jewish religious ritual. Says Halevi: "You have a kind of borderless community that in its best expressions maintains international charity efforts that are second to none. But the dark side of this is a mentality that often too easily slides into...