Word: westernizes
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Dates: during 2000-2009
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...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...
...However, Obama’s proposal to do so with no preconditions is naiveté at its finest. In fact, even the Iranians themselves admit that negotiations provide more time for Iran to come closer to creating a nuclear weapon as they stonewall negotiations with the U.S. and other Western nations. It allows them to purchase approval of their domestic policy on the cheap. Perhaps this is why Secretary of State Hillary Clinton indicated that the administration might renege on its promise of direct talks with no preconditions...
...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...
...Kathleen Martinez, an archaeologist from the Dominican Republic who has conducted the digs at Abusir for the past three years, told reporters that she wants "to be Cleopatra's lawyer," and prove there is much more to the ancient potentate than the work of two thousands years of Western male imagination. Debates still rage over everything from Cleopatra's identity - cranial scans of her half-sister's skull this year suggested she may be African, though her known lineage was Greek - to her looks. Close scrutiny of coin portraits have led some to believe that she was rather plain...