Word: toughed
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...long-running show, The 700 Club; he's the chancellor of Regent University; and he's a onetime presidential candidate who challenged George H.W. Bush for the Republican nomination in 1988. Now Robertson has added another title: financial adviser. His latest book, Right on the Money: Financial Advice for Tough Times, draws on his own experiences and makes straightforward recommendations for financial planning amid economic turmoil. He talked to TIME about money, religion and politics...
...Opposing this pick right now is really tough politically, especially since Republicans had two bites the last time around and picked two white males," said John Ullyot, a GOP consultant who has advised on judicial confirmations. "Do they really want to be put in a position of either voting against or questioning in a hostile way somebody who has a good record and will be seen by Latinos as a very important and symbolic pick? There's a disconnect between groups that expect really giving a zinger to a nominee like this and where Republicans want to be politically...
...wrapped up in Olympic fervor.) Pirating of NBA jerseys and other basketball paraphernalia is so rampant in China that it cuts into profits for the U.S. league. And even though China boasts its own professional basketball league, the market is so tightly controlled by the state that it's tough for foreign investors to make a foray into Chinese hoops...
...current crisis, the IMF faces a familiar dilemma: Should borrowers be required to undertake wholesale reforms in order to win loans? In the past the IMF has imposed tough conditions on borrowers, requiring them to prioritize economic and financial reforms ahead of political and social considerations. It's an issue that must be addressed anew, says Boutros-Ghali. "You want a minimum set of policies to make sure things don't get worse," he says. "[But] do we tell them to adjust right now, when it's most difficult? Or do we just give them the money...
...global affairs under the Congress-led government of Manmohan Singh has put an air of anachronism around the venerable Communists. "In this day and age, why do you still celebrate the 90th anniversary of the October revolution," asks Surjit Bhalla, a financial pundit and anchor of the show "Tough Talk" on NDTV, one of India's main cable news networks. "How many democratic parties in the world have a bust of Stalin in their headquarters...