Word: tanks
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There's still a lot to cheer about. The Board of Economists' direst predictions last year--that the dollar would tank, long-term interest rates would rise sharply and the housing bubble would pop--didn't come to pass. Indeed, the dollar rose in value, and the yield on 10-year bonds barely budged, despite a series of interest-rate hikes by the Federal Reserve that were followed at year-end by a rate hike by the European Central Bank. Most significant, there's still no strong evidence of a resurgence of inflation, even though oil prices have more than...
...across the continent plummeted. But a handful of dead swans on the Danube and a bad quarter for chicken sellers in Rome isn't why we're spending billions to fight bird flu. We want to stop the big one. A report released last week by an Australian think tank reminded us just how big that might be. The Lowy Institute estimated that a worst-case pandemic, one even deadlier than the 1918 Spanish Flu, could kill up to 142 million people and cost the global economy $4.4 trillion?the equivalent of eliminating Japan's annual economic output...
...Free Exchange on Campus” condemned the book. “Our main beef with the book is that, first of all, it’s a blacklist,” said Adam J. Jentleson, policy advocacy manager at the Center for American Progress, a liberal think tank that is a member of the “Free Exchange on Campus” coalition. “It is damaging to the idea that professors should be able to exchange ideas freely.”“He seems to think students today are as easily brainwashed...
...produced, directed, and starred in, features the crooner in a number of suggestive scenes singing Greek and English lyrics that he penned himself. In the video, the often bare-chested and gyrating Shields performs for adoring crowds and serves as a human stripper pole for a horny handful of tank-topped girls. The steamy video received as many as 1,500 hits a day when it was “released” over the internet last spring, according to Shields. Not bad for an kid from Belmont. His ‘net celebrity didn’t provide insta...
...rise of the hacker as extortionist reflects a broader change in hacker culture. "It used to be teenagers looking for bragging rights," says Johannes Ullrich, chief research officer for the SANS Institute, a security think tank. "Now it's done for profit." And it's done from anywhere in the world, so catching the bad guys can be complicated. Ullrich estimates that there are 10 or 20 cases a day, compared with virtually none three years ago. More sophisticated viruses, spyware and other forms of malicious code, meanwhile, are the new weapons of choice for committing identity theft, bank fraud...