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Still, Arnuk says the problem isn't resolved so long as exchanges are making markets more opaque and multi-tiered than ever. "If small investors and if long-term investors - and by long-term investors, I mean longer than a few seconds - if long-term investors don't have confidence that they're on [a level] playing field with giant supercomputers ... How are they going to feel about owning equities? That's the real scare...
...California, Davis, also questions its efficacy, saying the project seems more political than personal. "The policies make the citizens feel that their mayor is doing something, but they do not feel the changes in their lives," Cho says. "President Lee Myung Bak got huge political fame during his term as the mayor of Seoul. He reformed the public transportation system and constructed a big park in the center of the city. I guess Mayor Oh wants to follow in President Lee's footsteps." (See pictures of Seoul...
...success of Clinton's mission does more than resolve one difficult problem (among many) between the U.S. and North Korea. It also reminds his hosts that there used to be better days between the two countries. In 1994, during Clinton's first term in office, the two sides entered into the Agreed Framework, the first time Pyongyang agreed to abandon its nuclear-weapons program in return for a range of economic benefits, including the construction of two light water nuclear reactors to generate electricity for the impoverished country. In fact, it was pursuit of that agreement that set the precedent...
Worse yet is the content of television programming, which Ludwig suggests may have long-lasting repercussions. "There is the possibility that the greatest long-term impact of TV viewing is on children's eating habits through food commercials," he says. Some experts estimate that youngsters are bombarded with 10,000 food commercials each year during children's programming, and most of them aren't promoting salads or fruit. All this marketing, says Ludwig, changes children's taste preferences and causes them to crave - and beg for - unhealthy foods. "Children are seeing these commercials at an age when they are just...
...possible without the consent of Hamas, which is why Western and Arab governments have set much store by Egypt's efforts to mediate a reconciliation between Fatah and Hamas. The dynamics around the conference, however, are likely to render that prospect more remote, at least in the short term...