Word: threatenings
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Thomson points out that if one or two large Asian parties default on their derivative contracts, computer screens around the world can be hit within seconds and instantly threaten other contracts. "It's like a bunch of climbers on a mountain all tied by a rope. But if one climber slips and falls into a crevasse, he can quickly drag the other climbers to their end with little chance of time for rescue," says Thomson...
...noted the increased use of easily traced electronic-cash transactions and data-packed microchip cards [BUSINESS, April 27]. Both threaten individual privacy. Given the low priority that North American governments give to protecting personal privacy, it's doubtful that new laws will keep up with the increase in unauthorized data surveillance. We should at least insist that federal lawmakers preserve our right to continue to use hard cash or checks and that microchip identity cards not be forced on unwilling citizens. PAUL BOBIER Kitchener...
...stalking, skulking and intruding? Seems like a long time ago. But America's concerned members of Congress aren't so mercurial. Elton Gallegly, a Republican out of California, has just introduced an anti-papparazzi bill that would cap the lenses of aggressive photographers by making it a crime to threaten or injure someone in the pursuit of pictures. The celebs couldn't be happier...
Where is today's Upton Sinclair? He's not writing articles in Time about the dangers of RSI. Repetitive stress injuries threaten debilitating pain to an entire generation raised with keyboards from practically the moment of birth...
...want to create competition for their already flowing Siberian oil. Moscow still feels the same but hasn't figured out how to head off the flow of Caspian oil or to grab a large chunk of the profit. Russia does insert an environmental argument: the oil industry could threaten the Caspian sturgeon and its oily treasure, caviar. For its part, Iran says it will cooperate in Caspian development only if it gets, say, a 20% share of the sea's resources. Both Russia and Iran prefer that pipelines carrying Caspian oil be built or expanded over their territory...