Word: swooned
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After the volleys of tear gas cleared, members of the PAD regrouped around parliament and Government House, still vowing to keep up their protests. But six weeks of an opposition siege have left many Thais weary of the prolonged anti-government action. The country's stock market continues to swoon, with the benchmark index down nearly 40% since the PAD began its protest movement in late May. At a time when the government should be focusing on insulating the country from the global financial crisis, it is instead dealing with a clutch of protesters who want to replace...
...Ahmad Mustapha, a 48-year-old banker, boarded a bus in Kuala Lumpur with his wife and two children to visit his parents, all he could think about was what might happen to him and to his country when he returned to work. After Wall Street's U.S. stock swoon on Sept. 29 and Washington's inability to pass the $700 billion package to rescue the U.S. financial system, Mustapha is waking up to the potential dangers the region faces from a collapsing American economy. "The U.S. is such a giant and we are so intimately connected with...
...dares us to actually grow old. "Never invest in any idea you can't illustrate with a crayon," Fidelity mastermind Peter Lynch advised, but we embraced all kinds of investments about which we understood nothing except the hollow promise that they would never fail. When the economy began to swoon we kept spending, effectively sending ourselves rebate checks from accounts already way overdrawn, as if it would make us feel better to buy a new TV and charge it to our kids. States fund their schools, which among other things are meant to turn children into responsible adults, by selling...
...standard-bearers of the classic rock revival. Others consider them derivative and label them as the poster children of Pitchfork-induced hype. Their devotees praise their energy and earnestness, but their detractors ridicule the drugged-out, sex-crazed disillusionment that permeates their lyrics and sends hipster students into a swoon. On “Stay Positive,” the Brooklyn band presents some of their most exciting and universal material to date. The new record may not end the continuing argument over the band’s merits, but it should be enough to quiet some of their critics...
Indeed, Thailand's latest political crisis, which has driven away foreign tourists and caused the country's stock market to swoon, is looking ever more intractable. Samak was kicked out of power in an unlikely fashion. Last week, the Constitutional Court determined that he had contravened the national charter by accepting compensation for a second job while serving as Prime Minister. The job? Hosting a few episodes of a T.V. cooking show. The payment? $2,300. Although the court ordered Samak to step down, there was nothing stopping his People Power Party (PPP) from re-nominating him as Prime Minister...