Word: turmoil
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...that China is part of a global economy that could be in for a rough patch, due to the subprime-credit crisis and the possibility of a recession in the U.S. A month ago, a relatively sophisticated investor such as Tian brushed aside any suggestion that U.S. markets, in turmoil since August, could effect equity values in China. "We're a separate market, a separate economy," Tian said on Nov. 5. Today, he concedes that the connection might be tighter than he imagined. "People are saying that if the U.S economy slumps it will hurt China - that...
Recognizing a courageous display of commitment to law and democracy amidst the ongoing turmoil in Pakistan, the Harvard Law School (HLS) Association announced on Tuesday that it would award Pakistani Chief Justice Iftikhar Chaudhry the Harvard Law School Medal of Freedom. Chaudhry is currently being held under house arrest in Pakistan, so for the time being, he will not be able to travel to Cambridge to receive the award, HLS’s highest honor. The Chief Justice was detained after he convened the Pakistani Supreme Court to declare the national state of emergency imposed by President Pervez Musharraf null...
...through the first verse, negotiating frequent time changes. Jason Caddell’s guitar and Joe Easley’s drums move quickly but not really forward; they awkwardly try to keep their balance. Morrison sing-speaks quiet, descending lines about a woman’s poorly concealed emotional turmoil upon seeing her ex: “She knows he’s coming, it’s really all right / Nobody here could know how she feels.” Then the chorus: “If she spins fast enough then maybe the broken pieces of her heart...
...Whale,” which he also wrote, Baumbach dealt with the crisis of a looming divorce and the repercussions it had for two young brothers. The film’s anguish rang true in large part because the script was semi-autobiographical for Baumbach; amidst all the emotional turmoil, what survived was the fragile beauty of boyhood innocence. “Margot at the Wedding,” Baumbach’s second feature, retreads much of the emotional territory of “The Squid and the Whale” and relishes in the same amount of narrative...
Declining faith in the dollar also helps to explain the surge in prices of a host of commodities - a classic hedge against currency instability. This includes the spike in oil, which has been further boosted by soaring demand, political turmoil in the Middle East and rampant speculation by trend-following investors. "Four times in the last 40 years we've had major disruptions in global oil supplies coming from geopolitical events in the Middle East," says Lewis Alexander, chief economist at Citi. "If you were to see one of those scenarios play out, that would be a big additional shock...