Word: westernism
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...Judging by every metric, decriminalization in Portugal has been a resounding success," says Glenn Greenwald, an attorney, author and fluent Portuguese speaker, who conducted the research. "It has enabled the Portuguese government to manage and control the drug problem far better than virtually every other Western country does...
...issue a "buy" rating when his firm is doing investment banking business with the company he's covering-as used to be the case. "It's leveled the behavior on the optimistic side, and that seems like a good result," says Leonardo Madureira, a finance professor at Case Western Reserve University and one of the paper's authors. Analysts, though, are still much less likely to issue a "sell" rating on a company their firm has another connection to. That goes to show how difficult it can be to achieve impartiality. And with the end of mandatory independent research, there...
...commodity price index has shed more than half its value since mid-2008. Due to falling metal prices, BHP Billiton in January announced the mothballing of an Australian nickel mine only eight months after it officially opened. The most visible turnaround has been in oil. A year ago, Western governments were pleading with Persian Gulf oil states to ramp up production as oil sped toward $150 a barrel; today, OPEC is twisting off the spigot in an attempt to support crude prices around $50. The International Energy Agency expects oil demand to fall this year at the steepest rate since...
...Still, the backcountry dilemma persists. Its latest poster boys, the Grouse Mountain rope-duckers, did return home safely, with some observers questioning whether these elite skiers actually needed any help in the first place. Nevertheless, the quartet also had their names circulated to all of the major resorts in Western Canada, and will have to pay an undisclosed amount for their rescue. Still, both the resort and North Shore Search and Rescue, a volunteer organization that helped in the operation, have been careful in crafting their response, wary of dissuading anyone in danger from seeking help in the future. Grouse...
...promise of a new beginning.” While it is indeed a departure from past policy, his “new beginning” is not the right solution for dealing with a country that defies international sanctions, has shown animosity toward the Western world, and is within reach of the most powerful and deadly weapons known to man. It may be time for new ideas, but any plan that allows Iran to continue developing nuclear capabilities under its current ideology and leadership is not a sound...