Word: sparking
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When this very dilemma toppled the hedge fund Long Term Capital Management and rocked global markets in 1988, Shleifer and Vishny were hailed as visionaries. Their paper helped spark a broader re-examination of the role of professional investors. Whereas professionals inject sophistication and expertise into markets, most of them are too busy trying to hold on to the money under their charge--or to their jobs--to keep things truly rational...
...ruined this country," he said, storming around a stand of figs and mulberries. "Why doesn't someone stop him?" I was reminded of something an acquaintance of mine, a close relative of Ahmadinejad's, once said. "Tehran is like a warehouse of cotton," he told me. "One spark, and the whole place will burn." Suddenly the disturbing prospects of Iran's uncertain place in the world ceased to be an abstraction and became a reality disrupting our daily lives. The nightly news reported that gas stations had been set ablaze across the city. We spent three days at home without...
...Karbala and other Shi'ite areas aren't simply external forces the government must bring under control - they are, in essence, the government. SIIC and the Sadrists dominate Maliki's increasingly tenuous parliamentary majority. And, while the militias had more than enough fighters on hand in Karbala to spark serious violence, the central government had to bring in reinforcements from outside the area to reassert control...
...Sanctions represent a substantial danger to the Iranian regime because of the economic stress felt by the majority of Iranians. The sharpest indicator of their potential to spark unrest came in recent riots at gas stations in many parts of Iran, following the regime's move to ration gasoline to prepare for the still distant possibility of sanctions on its import. (Although Iran is one of the world's largest oil exporters, its own refining capacity is so poor that it is forced to import gasoline.) Tehran would obviously also prefer to avoid a frontal confrontation with the vastly technologically...
...easy to see how a reckless U.S. departure could spark a chain reaction that leads to further destabilization or even war among Iran, Iraq and Saudi Arabia, three of the world's 15 top oil-exporting countries. Shi'ites who object to Saudi backing of the Sunnis might retaliate inside the kingdom - or Sunnis might take the fight into Iran. "We will have sectarian violence on a level that would likely trigger regional war," says Michèle Flournoy, president of the Center for a New American Security, a nonpartisan think tank. "At that point, you are looking...