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Word: washington (lookup in dictionary) (lookup stats)
Dates: during 2000-2009
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...predict the future when so many parts of the economy are in flux. "This has been an extraordinarily difficult period for forecasters," says Harvard economist James Stock. "Our models aren't really designed for predicting massive changes." Philip Joyce, a professor of public policy and administration at George Washington University, figures that in normal times, budget projections a couple of years out tend to be pretty reliable, at five years less so and at 10 years not much at all. "But these aren't normal times," he says. "In recessions, even the short-term numbers aren't very good, because...

Author: /time Magazine | Title: Why Are Economists So Bad at Forecasting? | 7/17/2009 | See Source »

...least Washington and Caracas are talking again. Diplomats say Venezuelan Foreign Minister Nicolás Maduro has made an effort to reach out to the Obama Administration. On the U.S. side, much of the credit goes to Thomas Shannon, outgoing Assistant Secretary of State for Western Hemisphere Affairs. Shannon, appointed in 2005, worked to alter President George W. Bush's dark first-term relations with Latin America, when Chávez called Bush "the devil" in large part because the White House had tacitly backed the 2002 coup attempt. As a result, the Latin left has less anti-Yanqui fodder...

Author: /time Magazine | Title: The Honduran Crisis: Making Chums of Chávez and Obama? | 7/16/2009 | See Source »

...program. India, a major supplier, recently suspended exports of gas for a brief while, according to the Paris-based International Energy Agency. "If you really want to use effective sanctions, then you want to cut off gas imports," says Erica Downs, China energy fellow at the Brookings Institution in Washington. "If the Chinese do invest $40 billion and dramatically increase Iran's refining capacity, it would definitely weaken one of the weapons in the U.S. arsenal...

Author: /time Magazine | Title: How Iran Might Beat Future Sanctions: The China Card | 7/16/2009 | See Source »

...That's a good question, especially since the program was an open secret. On Oct. 28, 2001, the Washington Post ran an article with the title "CIA Weighs 'Targeted Killing' Missions." And in 2006, New York Times reporter James Risen wrote a book in which he revealed the program's secret code name, Box Top . Moreover, it is well known that on Nov. 3, 2002, the CIA launched a Hellfire missile from a Predator drone over Yemen, killing an al-Qaeda member involved in the attack on the U.S.S. Cole. And who knows how many "targeted killings" there have been...

Author: /time Magazine | Title: The CIA Is Keeping Secrets. Hello? | 7/16/2009 | See Source »

...fuss? Very likely because of that word assassination. I found out the weight of the term in Washington when I was still in the CIA. In the spring of 1995 I was in charge of a small unit in northern Iraq. It was a time when it appeared that with only a little push, Saddam Hussein would fall. There were plans for a military coup, which were quickly twisted into rumors of a plan to assassinate Saddam. The Clinton White House picked up the assassination part and called the CIA to check. My team and I were pulled back...

Author: /time Magazine | Title: The CIA Is Keeping Secrets. Hello? | 7/16/2009 | See Source »

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