Word: strategist
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Foreign investors, including Canadians, think the U.S. economy "is where the action is," says Michael McCracken, chairman of Informetrica, an economics think tank based in Ottawa. Ed Yardeni, chief economist and global-investment strategist of Deutsche Bank Securities, elaborates: "I go to Europe, Japan, have overseas investors coming to see me in my New York City office, and to a large extent they all want to be invested in technology. And it's very hard to find enough names of high-tech companies to invest in abroad. If you want to invest in technology, you've got to invest...
Longer range, says Gary Dugan, London-based global equity strategist for the J.P. Morgan investment bank, many investors think Europe is moving too slowly to reform the tax, labor and regulatory restrictions that make it a less attractive target for capital than the U.S. And though rising interest rates may eventually slow American growth, right now they increase the already substantial premium that investments in the U.S. pay over investments in other countries...
...share Khatami's vision. In 1979 Mirdamadi was among a handful of students who organized the seizure of the U.S. embassy. But his politics moderated after he spent several years learning the ropes of Western democracy while earning a doctorate at Cambridge University. He is now a top strategist for the Participation Front, the moderate party led by, among others, the President's brother Reza. The name of the party is deliberate: what Iran's new revolutionaries want to bring to their country is legitimate--and open--democracy. "The people have very high expectations," says Mirdamadi. "They expect serious changes...
...majority, as well as the fact that the primary guarantor of power is not the electorate or even the ruling party, but the military, which propelled Hafez Assad to power in 1970 as a young air force officer at the head of a peaceful coup. Assad proved a masterful strategist, managing his country's internal power struggles, regional conflicts and the Cold War and its aftermath to build Syria into a major Middle Eastern power. Having used Soviet patronage to build a military capability second only to Israel's, he smartly fell in line with the U.S.-led alliance against...
Nobody knows what Giuliani will do--probably not even Giuliani. But friends and enemies alike agree that time off could boost his fortunes. "If I was doing his campaign, I'd love to have him under wraps for six weeks," says a Democratic strategist. "He'd get the sympathy thing. He'd still be able to raise money. And he wouldn't be able to get himself in trouble." While none of Giuliani's advisers are chomping cigars and saying, "Rudy, this tumor's your friend. Embrace your cancer, Mr. Mayor," they know it offers him a chance to reintroduce...