Word: tradings
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...good old days of the last century, the years before the collapse of the economy and the World Trade Center towers, political discourse in the U.S. was, too often, rutted in issues that didn't affect the lives of most people. They were important moral and symbolic issues, to be sure. And they were difficult issues, although their subtleties were obscured by extremists, who tended to dominate the debate. Still, the people directly affected by the so-called social issues - abortion, gay marriage, racial preferences - pale in comparison with the tens of millions who have lost their jobs and fortunes...
...know that for many, the face of globalization is contradictory. The Internet and television can bring knowledge and information, but also offensive sexuality and mindless violence. Trade can bring new wealth and opportunities, but also huge disruptions and changing communities. In all nations - including my own - this change can bring fear. Fear that because of modernity we will lose of control over our economic choices, our politics, and most importantly our identities - those things we most cherish about our communities, our families, our traditions, and our faith...
...potentially catastrophic collapse, AIG was forced to take a $182.5 billion lifeline from the U.S. government to cover losses that its forecasts indicated were never supposed to happen. Quantitative models like Gorton’s—equally likely to emerge on a dusty blackboard as the frenzied trading floor—have come under fire over the past year, which saw a seismic reshaping of the global financial landscape.Mere months later, academic economists are for the most part presenting a sanguine front to the world. Despite the unprecedented collapse of several Wall Street giants that relied on quantitative forecasting...
...repressive occupation and heightened restriction, what does it mean to reconstruct Gaza? How is it possible under such conditions to empower people and build sustainable and resilient institutions able to withstand expected external shocks? Without an immediate end to Israel’s blockade and the resumption of trade and the movement of people outside the prison that Gaza has long been, the current crisis will grow massively more acute. Unless the U.S. administration is willing to exert real pressure on Israel for implementation—and the indications thus far suggest they are not—little will change...
Desperately poor, Laos abuts the Golden Triangle, a notorious opium-growing region. One of Laos' more furtive tourist attractions, despite attempts to crack down on the drug trade, is pizza and other Western foods laced with marijuana or other drugs. In some backpacker cafés, for instance, so-called happy food gets its kick from illicit materials. At the same time, drug convictions in Laos warrant heavy punishments, with the death penalty applicable for cases involving more than 500 grams of heroin. (However, the Laotian government says no one has been executed on such a drug conviction since...