Word: spat
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...Until now. A widening trade dispute threatens to ratchet up tension in the China-U.S. relationship, with potential consequences for the entire world economy. The spat began on Sept. 11, when the Obama Administration announced it will slap tariffs of as much as 35% on Chinese-made tires, effectively pricing them out of the low end of the American market. Two days later, China's Ministry of Commerce said it would start antidumping investigations against imports of some U.S. chicken products and auto parts. Though the ministry's announcement made no mention of the tire tariffs, the timing...
...attend next week's G-20 summit in Pittsburgh, Pa., where the world's most influential economies will tackle sticky issues like the continuation of economic-stimulus measures and improved regulation of the global financial system. "We all need to be a lot more alarmed" by the trade spat, says Michael Pettis, professor of finance at Peking University. "Rising anger makes it more difficult to cooperate." At a crucial moment for the economy, that's something the world can ill afford...
...most notorious of Hosni's comments came during an angry exchange last May with Muslim Brotherhood legislators who suggested the Minister was softening on previously stated hostility to cultural exchanges with Israel. "I'd burn Israeli books myself if I found any in libraries in Egypt," Hosni spat back...
...Ikea, stop the Verdana madness!" pleaded Tokyo's Oliver Reichenstein on Twitter. "Words can't describe my disgust," spat Ben Cristensen of Melbourne. "Horrific," lamented Christian Hughes in Dublin. The online forum Typophile closed its first post on the subject with the words, "It's a sad day." On Aug. 26, Romanian design consultant Marius Ursache started an online petition to get Ikea to change its mind. That night, Verdana was already a trending topic on Twitter, drawing more tweets than even Ted Kennedy. (See TIME's Ted Kennedy coverage...
...Indeed, the spat over Jinnah has highlighted the profound crisis facing India's most prominent opposition party. Its rise less than two decades ago as a dominant force in Indian national politics coincided with the opening up of the country's economy and the emergence of a more confident, muscular middle-class. Its leaders were in power until a little over five years back, when the party lost the elections then by a thin margin. But those days seem long gone. The humbled BJP is now faced with serious questions over its leadership, seen to be out of sync with...