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...polls will feature Berlusconi and Rome Mayor Walter Veltroni, who was Prodi's No. 2 back in 1996-98 administration but is no longer close in the same camp. There are reports that Prodi will team up with small parties from the far left to try to stave off Veltroni's rise, which would no doubt bring on more nasty infighting. Many believe that a caretaker government made up of moderates from both center-left and center-right is necessary to bring about the reform necessary to bring more stability to the political system. Such an interim affair would probably...
...time since the markets reopened after Sept. 11, 2001, that the Fed had changed the federal funds rate between scheduled meetings. The move buoyed stocks in Europe, and added to speculation that the European Central Bank and the Bank of England would also cut rates in an attempt to stave off a slowdown. In morning trading in Europe, though, stocks fell. Britain's FTSE 100 dropped 1.25%, Germany's DAX index slid 2.16%, and France's CAC-40 fell 2.10%. Markets in Asia rebounded however, with Hong Kong's Hang Seng Index rising 10.7% - its biggest gain in 10 years...
...trying to help the sheikh rebuild his village as part of the larger strategy to bring peace and reconciliation to their corner of Baghdad. It illustrates the paradigm shift that has been taking place for the U.S. military across Iraq - trying to win over both former enemies and stave off potential new ones with the use of large sums of cash...
...economic concerns of voters. Says Romney adviser Weber: "Republicans are having a harder time finding their voice in this changed economic environment." When McCain was asked at the most recent Fox News debate in Myrtle Beach, S.C., what he might offer as a short-term, immediate fix to stave off a recession, he replied, "The first thing we need to do is stop the out-of-control spending." While curbing government spending is a good idea as a matter of policy, and a sure-fire applause line with Republicans, it is precisely the opposite of what many economists would prescribe...
...Dark-horse tickets should also emphasize to voters that first-place votes for them will not be wasted. These campaigns can then hope to garner enough first-place votes to stave off elimination, while relying on second-place votes to propel them to victory...