Word: traded
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...president’s policies broke the economy by themselves. Bush-hating revisionists use the unpopularity of our 43rd president to discredit conservative policies in general. But Bush’s failure to regulate financial and housing markets should not be confused with his success in economic growth, trade, education, and health care...
...only hurdle that stands in the way of China's interest in buying car-company assets in the West is the potential desire of governments in the U.S. and E.U. to block buyouts. That could cause trade friction, but it raises a much greater issue. When there is not enough money to go around, which assets will be protected? The economy has created a situation where many critical industries will have to suffer a substantial number of bankruptcies unless their governments step in. Or their governments can let the Chinese buy them which would likely preserve jobs...
...condescending disregard than they have partnership from either Republicans or Democrats in Washington. It not only heartened Latin leaders in Trinidad, it disarmed them. The summit could have easily deteriorated into another yanqui-bashing fest over the U.S.'s role in the global economic crisis or its antiquated trade embargo against Cuba. But Obama had even Chávez feeling "great optimism" that his nation's icy relations with the U.S. will thaw, starting with the return of each other's ambassadors, expelled last year, to Washington and Caracas...
...much in the short term thanks to the U.S.'s economic calamity. Many Latin American officials in recent months have told TIME they're not looking for much for now; but they do want to make sure Obama shifts hemispheric priorities away from the U.S. obsession with free trade and the drug war to development concerns like education, alternative energy and democratic institution-building, which the U.S. President did engage in Trinidad...
...sides, the political compromise that put him in office did nothing to solve the underlying issue dividing the country: should Lebanon be at the front line in the Arab and Iranian war with Israel, or should it be a Western-oriented nation, accommodated to Israel and focused on trade and tourism? (See pictures of the Mahdi Scouts, the Hizballah youth movement...