Word: vital
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Israel: Little Help from Bibi President Obama believes it is critical to wider U.S. interests across the Middle East to urgently implement a two-state solution to the Israeli-Palestinian conflict. Indeed, he believes it is vital to Israel's own interest, even as the clock runs out on the viability of such a solution. However, Israel's new prime minister, Benjamin Netanyahu, sees things differently. Netanyahu has until now resisted the idea of an independent Palestinian state, arguing that the Palestinians should enjoy self-governance but without full sovereignty, because that would put Israel at risk. Anyway, he argues...
Besser: There are so many lessons from Katrina. We as a public health community tend to focus on the response. But another vital part is how we make our communities healthier to begin with. Looking at the individuals who suffered the most during the hurricane, you could see that those with underlying medical problems were at greater risk...
...governments, that's real cause for concern. It might not show up in the national accounts, but trust is vital for an economy to work. When we stash wages or savings with banks, we trust they'll be safe and accessible when we need them. When we squirrel money into a pension, we trust it'll pay back when we retire. In a paper published in 2006, academics from Italy, the Netherlands and Canada even found that trust levels between citizens of two countries has a significant effect on the investment decisions of venture capital firms, even after accounting...
...Restoring it is now vital. Part of that responsibility lies with the lenders themselves. "Banks need to know their business," said John McFall, chairman of Britain's Treasury Select Committee, during a recent debate on trust and financial markets organized by the Fabian Society, a left-leaning London think tank. In future, bosses ought to know their CDOs from the CDSs, McFall said, and not leave such understanding to the banks' "35-year-old Ph.D.s." Reining in sky-high bonuses, boosting capital reserves and sharpening risk management won't do any harm to public trust, either...
...same time, one section of the railway will bisect the circular line through the city, providing more direct routes to both Paris airports at either end. That ramped up transport system will also prove vital to meeting another major Paris challenge: keeping its title as the world's leading tourist destination by luring visitors to stay in and around the capital...