Word: unfoldment
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...watch the Big Three bailout saga unfold in Washington from halfway around the world here in Hong Kong, a phrase comes to mind that used to be commonly heard in Asia: "Too big to fail." There was a time when politicians, bankers and bureaucrats in Asian countries thought that certain large enterprises were simply too important to go bankrupt, no matter how miserable their performance. The resulting unemployment would be unacceptable, the impact on the financial sector and economic growth too great. That, in effect, is the same argument being used today by supporters of a government rescue...
...government to hesitate for three weeks before implementing the court order on the Hebron eviction, but whether the raid emboldens the government to act against other settlements constructed outside of Israeli law remains to be seen - and will be determined, in no small part, by how events in Hebron unfold in the coming hours and days. The question may become somewhat moot if the current indicators on the likely outcome of February's election hold true, because Netanyahu has an ideological aversion to ceding territory in the West Bank and has made no secret of his disdain...
...Bordering on War The shock of the attacks and the slow agony of watching the three-day siege unfold on television immediately invited comparisons to the Sept. 11, 2001, acts of terror in New York City. "This is our 9/11," was the refrain heard from both Mumbai's citizens and other Indians. It wasn't long before someone followed that thinking to its logical conclusion: bomb Pakistan, just as the U.S. bombed Afghanistan. Simi Garewal, a former actress and talk-show host, said on a cable news show that "America gave out the right signals to the world that they...
...connect the attacks in Mumbai with preexisting plans for passport to South Asia week, starting Dec. 6. ‘NEED TO COME TOGETHER’Professor Sugata Bose, a historian of South Asia, found out about the attacks while in his office on Wednesday and watched it unfold on television, but he said he learned more about what was going on from people in India. He said the American media coverage was superficial. “There was much more depth in commentary from Indian channels and I wish I was able to hear more of that...
...their own country are a key element of how the Communist Party maintains power. But as the world economic crisis deepens and unrest becomes more widespread, the central government has had to tweak how it wages its propaganda war. Just how successfully it manages to control the way events unfold will become increasingly critical in preventing isolated cases from turning into the kind of large-scale civil unrest that threatens the party...