Word: unstuck
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Dates: during 2000-2009
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Israeli unity is unbreakable when there is a war to be waged, but it comes unstuck when there's a peace to be brokered. Nowhere is that more true than at the right-wing end of the country's political spectrum. Prime Minister Ariel Sharon was dealt a cruel political blow by his own party early on Monday, when the Likud Central Committee rejected his pleas to consider the diplomatic consequences and voted almost unanimously to reject Palestinian statehood in the West Bank. Although the vote simply restated longstanding Likud policy, it was a calculated bid by former Prime Minister...
...things in this conflict, in order to get the two parties to agree you have to leave so many things vague and undefined that each side walks away with its own understanding of what exactly has been agreed. And that's a recipe for things to come very quickly unstuck. Already it's being debated whether the "confidence building" measures begin during or after the "cooling off" period...
...sell-off, prompted by the latest inflation figures and fears of interest rate hikes, may have forced traders to begin a more stringent selection process. It's increasingly difficult to predict an upward drift in whole sectors, and the strategy of hedging Dow investments against NASDAQ buys came unstuck Friday when they dived in concert. Still, it's a safe bet that somethinghas to go up, since Friday's sell-off has sent hundreds of billions of dollars roaming in search of new homes. Whether it be bonds or utilities or safer tech stocks or safer blue chips, the operative...