Word: unlikelyness
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Hit by the triple whammy of collapsing property values, equity-wealth destruction and ongoing unemployment shock, the American consumer is unlikely to spring back overnight. In fact, with asset-dependent U.S. households remaining income-short, overly indebted and savings-deficient, subdued consumption growth is likely for years. This is because...
But even if there are recommendations to be made, it's unlikely they will come anytime soon. According to an aviation source close to the Australian investigation, Qantas remains perplexed by the phenomenon, finding that since October 2008 that particular A330 has never suffered a repeat ADIRU failure, even when...
Indeed, Shamanov, who led the 58th Army in Chechnya's western sector during the Second Chechen War, was investigated by Russian prosecutors after the European court's ruling - but they concluded that there was no evidence of a crime. Then in December 2008, the Kremlin notified the Council of Europe...
The Israeli far right - many of whose supporters gathered yesterday outside the U.S. consulate with portraits of Obama with a Palestinian headscarf superimposed on his head, with the words "Jew-hater" written beneath - is unlikely to be swayed by Obama's balanced oratory. Even among moderate Israelis, there is a...
Even when big names top the party lists, they are sometimes figureheads who have no intention of serving out their terms. Italian Prime Minister Silvio Berlusconi, for example, is unlikely to take up his seat if, expected, he is elected - even if Brussels might be a sanctuary of sorts from...