Word: tradings
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...speculative frenzy that has already devastated the residential housing market. That prospect apparently hasn't scared investors. Shares of real estate investment trusts (REITs, which buy and manage buildings and mortgages) have been on a tear for the past seven months, almost doubling in value on average. REITs now trade at a double-digit premium to the value of their underlying properties...
...drug-running was at best treated with a "Don't ask, don't tell" policy, why has Afghanistan's situation steadily deteriorated? The Taliban, dismissed by Vice President Dick Cheney in 2002 as "out of business, permanently," is back in force. Part of that strength comes from a drug trade that has skyrocketed from 185 metric tons of heroin produced in 2001 to more than 6,000 metric tons this year, according to the U.N. Office on Drugs and Crime. But a larger reason for the Taliban expansion is a widespread and growing frustration with a corrupt, inefficient government. Justice...
...President. After announcing an emergency, the President must indicate which emergency powers he plans to activate. In 1979, in response to the hostage crisis, President Jimmy Carter declared a national emergency, freezing all Iranian assets in the U.S. In 1999, President Bill Clinton declared a national emergency, prohibiting trade with members of the Taliban. President George W. Bush declared two national emergencies in September 2001, activating several obscure statutes, mostly related to calling up the armed forces. And although he proclaimed Hurricane Katrina an "incident of national significance," thus enacting a disaster-response plan headed by then Homeland Security Secretary...
...prohibit the use of wild animals as performers, but Bolivia is the first to extend the ban to all animals, including domestic species like dogs, horses and llamas. "We are extremely proud," says Bolivian Congresswoman Ximena Flores, the law's main proponent. (Read a Q&A about the illegal trade in wildlife...
...study’s researchers also acknowledged that the reform’s positive results have come with “trade-offs,” including administrative burdens and higher costs. About 50 percent of the physicians polled said they believed the law was “hurting” the overall cost of health care in Massachusetts...