Word: speculatione
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But economic cataclysm struck in 1997 and, in spite of all of Suharto's soldiers and all of his money, Indonesia was inundated by the Asian financial crisis. Currency speculation had led to the collapse of Thailand's currency, which started a chain of events that swamped Indonesia's rupiah...
Obama's impressive win meant all the more given the nature of politics in South Carolina, a state whose history is fraught with race and class. Some observers wondered if the state's voters were becoming more racially polarized in the final days before the primary. That speculation...
Smeraldi put the rise down to a controversial government decision to license two hydro-electric dams on the Madeira river, the longest tributary of the Amazon. The dams could provide as much as 8% of Brazil's energy needs but they have been compared to China's Three Gorges project...
Even before U.S. markets reopened, the Federal Reserve Board cut the federal funds rate 75 basis points, to 3.50%, "in view of a weakening of the economic outlook and increasing downside risks to growth," the Board said in a statement. It was the first time since the markets reopened after...
So if it's unrealistic to think the murder rate could ever fall to zero, could murders in the quadruple digits be something we no longer have to endure? "No one knows for sure why crime rates fell in New York and Chicago, and in the absence of a blue...