Word: thirdly
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...worrisome part about that is what happens if demand then falters. Nationwide, we've seen an uptick in the number of people buying houses - both existing homes and new ones. But still, according to the Oppenheimer report, "the demand side of the equation is less than impressive." Nearly a third of existing-home sales are currently to first-time homebuyers - a wildly disproportionate amount. What happens to those buyers once the $8,000 first-time homebuyer tax credit evaporates at the end of this year? Even with home prices a steal in many parts of the country, whether demand will...
AHMEDABAD, India – In early September, the Indian Supreme Court is expected to rule on a gas-agreement dispute brought forth by India’s third richest industrialist, Anil Ambani—against India’s richest, Ambani’s own brother, Mukesh. The two businessmen now independently run what was once India’s largest industrial conglomerate, Reliance Industries, divided between the quarreling heirs after the death of the family and company patriarch, Dhirubhai Ambani. In a country ostensibly rooted in deep extended-family relations, the partitioning of Reliance and the Ambani family?...
...back home when seeing them requires 10,000 miles of travel. However, emigration, too, is a form of pre-emptive family partitioning, fought out in visas and green cards. And so it seems that—in a country with four times the population of the U.S. in one-third the area—all anyone really wants is space...
...Balz and Johnson reveal that Clinton grew furious at her (soon-to-be-ousted) campaign manager Patti Solis Doyle after the Iowa caucuses when she seemed disturbingly comfortable with the prospect of her boss conceding the race to Obama. On a conference call the morning after her painful third-place finish in the state, the dispirited candidate's top advisers offered her ... nothing. Not a pep talk, not a plan for the future; silence. "I've enjoyed talking to myself the last 20 minutes," she said, and hung...
...could face what Secretary of State Hillary Clinton calls "crippling sanctions." That was the message from Administration officials touring the Middle East in recent weeks. And it's backed by congressional moves to pass legislation aimed at choking off the gasoline imports on which Iran relies for almost a third of its consumption, by punishing third-country suppliers. It sounds impressive and, for an undiversified economy like Iran's, potentially calamitous. But a number of Iran analysts are skeptical that new sanctions will break the stalemate. (See TIME's behind-the-scenes photos of Mir-Hossein Mousavi...