Word: ued
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...return to the Mavericks next season depends on a host of factors: whether the NBA will take back a player who has missed training camp and the early part of the season, the success of Beijing's 2008 Olympic bid and even, in this era of frosty Sino-U.S. relations, rapport between Jiang Zemin and George W. Bush. Certainly, Dallas denizens are hopeful. "Tonight was a dream come true," said Mavericks owner Mark Cuban, after Wang's historic appearance. "There were so many things that could have gone wrong, and everything went right...
...intentionally caused the collision. Variations on KILL THE IMPERIALIST AMERICAN PIGS littered Chinese Internet message boards. But during the street demonstrations that followed the Belgrade bombing, the leaders learned how hard it could be to control a passionate crowd and feared that anger could turn inward. This time anti-U.S. demonstrations were forbidden and posters taken down...
...This is the 'New Japan' and it's spelled 'T-O-U-G-H.'" JESPER KOLL, chief economist at Merrill Lynch Japan, on the need for real reform, not old-style pork-barrel solutions...
...rooting for a quick, V-shaped economic rebound, don't visit the bear cave. "If we're lucky, we'll get a U-shaped recovery," Biggs says, referring to a drawn-out hard landing. And there's a real case for an L-shape, he adds. That's L as in hell, a recession that is just starting and would last 18 months. His main concern is $4 trillion of vaporized stock wealth, which is crushing consumers. Biggs says Fed chief Alan Greenspan blew it; he was too slow to cut rates to stimulate spending and put a floor under...
...President Bush energetically ignored that advice when he did a U-turn on his campaign pledge to control carbon dioxide from power plants. His questioning of the science behind global warming didn't do much to overcome the administration's credibility problem, either. After a series of reports issued by the U.N. this year, most observers believe the science is a lock. Many European officials expressed their concern about Bush's decision. And European ambassadors were shocked when National Security Advisor Condoleezza Rice told them at a private lunch at the Swedish embassy in Washington last week that "Kyoto...