Word: symbols
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...unemployment and desperation among people with homes worth less than their mortgages leads a greater and greater number of mortgage holders to send their keys back to their lenders, the first, and most important step the government has taken to reverse the collapse of housing will become a disheartening symbol that the Administration and Congress have not solved a big part of the cause of the recession...
Viruses spread faster than they used to. Our global financial system allowed America's subprime crisis to poison the world's economy. Another great symbol of globalization, jet travel, is capable of spreading a different type of infection - one that sickens not markets, but people...
Polar bears have become the universal symbol of global warming, not so much because they're cute or cuddly (they're actually ferocious and not opposed to cannibalism), but because it is eminently clear that climate change is killing them. Polar bears depend on solid sea ice for survival; it's where they do their hunting. But when the ice begins to melt - as it has in recent years, thanks largely to warming - the bears can starve...
Industry officials now want governments to start looking at the sector not just as a symbol of the frothy good times - but as a way to get economies back on track. "What are governments trying to do in a recession? They're trying to create jobs," Lipman says. "They say, 'Let's bail out the car manufacturers, let's do something about the banks,' and they forget about the major opportunity they have with the travel sector...
...abroad, Gandhi has made it his mission to bring more young people into positions of power. He has pledged to hold elections for the leadership of the Congress youth wing within two years, and pushed the party to field more candidates under 40 years old. Gandhi is the ultimate symbol of dynastic politics - the son, grandson and great-grandson of Prime Ministers - but he sees no contradiction in also trying to push his party to change. "I'm actually in a position where I can do it," he said in a recent interview with foreign media. "I have a better...