Word: webbing
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...financial crisis happened even faster. Within days of the Austrian ultimatum, the delicate web of international credit was torn to shreds. German trading companies ceased to remit the money they owed to brokers in London. European investors rushed to withdraw their money from New York. As nervous banks called in loans, panic selling swept the world's financial markets. But the further asset prices fell, the worse the crisis became. Securities that had been the collateral for immense pyramids of debt were suddenly unsellable. The central banks had to admit they lacked the means to stem the outflow. The only...
...excited that TIME selected me (all of us) this year. I just took a job at Google so that I could participate in the user-powered revolution, and I can't believe how lucky I am to be alive at this time in history. Your story said Web 2.0 is "a tool for bringing together the small contributions of millions of people and making them matter" and about people "helping one another for nothing." I just want to emphasize this point. People will help one another if they believe it matters. People will vote, for crying out loud, if they...
...focus on ourselves a bit like the class taking over the classroom? If anyone can publish on the Web, to what do we aspire? Just to write, and as long as someone reads our work, we have arrived? While I will keep checking the Web from time to time, I have decided to get my first newspaper subscription. NICOLE CARPINELLI Lawrence...
...TIME Mobile, you can now read Quotes of the Day from TIME.com on the Web browser of your cell phone. Go to mobile.time.com
Saddam Hussein's execution is proving to be as clandestine as the heinous acts he was found guilty of committing. But the Web has no shortage of coverage, blogging and interactive material to keep you up to date until his final hours...