Word: woes
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...likely see such huge numbers leading the networks' evening newscasts because deficit talk is akin to Washington wonk speak. But Dave Walker, former Comptroller General of the U.S. and now President of the Peter G. Peterson Foundation, is out to change that and bring the big picture of deficit woe to America's attention...
...states, battling it out for the championship of a past-its-prime sport while the rest of us watch football highlights. Philadelphia--my city--hasn't won a championship of any kind for 25 years, a record for a four-sport town. Tampa Bay has a shorter history of woe, but this is a city (well, technically, a body of water) whose football team, the Buccaneers, lost the first 26 games of its existence. If history is any indicator, neither team will win: the Rays and the Phillies will be swept from the field in a freak hurricane, and Manny...
...picture isn't one of unrelenting gloom. Interest rates are low, unlike in the early 1990s, and the price of oil has dropped from its peak earlier this summer as demand slows from the cooling global economy. That's good news for consumers everywhere. But the signs of economic woe still add up to a minefield that European governments, central banks and other policymakers will have to navigate carefully. Here are some of the mines that lie in wait for them...
...surges across Asia. Bourses in Europe also opened with renewed gains ahead of Wall Street's 3.8% opening spurt. Yet the burst of renewed confidence inspired sober observers to take up the Churchillian reminder that this is less "the beginning of the end" of the world's economic woe than it is, at best, "the end of the beginning...
...Easter—three hours of melancholy psalmody, chanted in a foreign tongue and, at the end when the final candle on the hearse is extinguished, enveloped in complete darkness. Reverent and sublime, indeed, but a dirge first and foremost—a lament for the present day of woe and a longing for a better time since passed...