Word: sharpness
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...ahead by 6%. "Corsicans realized this was a doctrine of decentralization being applied to Corsica, not a studied plan to address our problems," said François Tatti, deputy mayor of Bastia, where the no vote surpassed 70%. Arresting Development TURKEY Already strained relations with the U.S. took a sharp turn for the worse when American soldiers in Iraq arrested 11 Turkish troops stationed in the northern Iraqi town of Suleimaniyah, and accused them of plotting to murder a local Kurdish official. Though the soldiers were released after two days, Ankara angrily denounced the arrests. Chief of Staff General Hilmi...
...critical article in The New York Times arguing that South Africa should be more active in Zimbabwe. "I think it is ill advised for him [Powell] to create the impression that he is directing what South Africa should do," said Mbeki. But today, there was none of that. "Sharp differences?" he said when a reporter tried to stir the pot. "I didn't know we had any sharp differences. We didn't fight about Zimbabwe...
...adds up to big changes in an industry prone to speculative excess. Investors still shouldn't touch these stocks outside a mutual fund or without diversifying across at least five companies. Given the sharp run-up this year, Weisbrod's hedge fund has cut its biotech holdings a third, and six top executives at Genentech recently sold $36 million of the stock. The relatively stodgy feel of the Biogen-IDEC deal has still other growth investors running for the hills. It's all part of growing up--and part of Mullen's plan. --With reporting by Eric Roston/Washington and Unmesh...
Still, there's no denying that a sharp rise in rates would pose problems for the housing market, as would continued job cutting in an economy that is failing to pick up steam or, possibly, a deeper scandal at embattled mortgage firm Freddie Mac. Here are three ways to prepare for a bust...
...waiting-list target. Half the public already believes Blair's policies won't improve public services; with his own former ministers calling him a liar, cynicism about rosy claims can only rise. Blair's problem is that nowhere in public services has there been the sharp, widely felt surge in quality of life of the sort that Rudolph Giuliani's crime crackdown brought to New York. In last week's speech, Blair offered a tangled road map out of these difficulties, amounting to slightly greater local control of public services, layered in dire warnings about the Conservatives - not that they...