Word: work
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Dates: during 2000-2009
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...keep that change going, the Chinese government has more work to do, however. Though the ingredients of rebalancing might be percolating in Xi'an and the rest of China, making it actually happen will take additional reform. The economy is still too dependent on investment and government spending instead of private consumption. Even though consumer spending is increasing, it is not growing quickly enough. Private consumption's role in the economy has actually been declining, to a mere 35% of GDP in 2008 from 46% in 2000. Economists say policymakers need to speed up the development of a better social...
...rough model of market waves originally described by Wall Street Journal co-founder Charles Dow at the turn of the 20th century and refined and popularized in the subsequent decades by Journal editor William Peter Hamilton. Prechter studied Dow theory but soon moved on to the mostly forgotten work of Ralph Nelson Elliott, an accountant who, while bedridden in the 1930s, charted stock-price movements and found intricate patterns based on the Fibonacci number sequence (in which, after 0 and 1, each number is the sum of the previous two: 1, 2, 3, 5, 8, 13, etc.). The Fibonacci series...
...work? Mardini notes that there have been no reports of heinous attacks on Muslims anywhere in the U.S. "Our worst nightmare has not come true," he says...
...formed." Such a denunciation was to be expected. But even those who back the plan worry that Karzai's corruption-riddled government is so detested that money and jobs will not be enough, on their own, to woo fighters to switch sides. "Paying the low-level [Taliban] may work temporarily, but it won't solve the main problems," says Ishaq Nizami, the former head of the TV and Radio Directorate under the Taliban regime. "There is so much corruption and no laws. In many areas the Taliban have been able to bring security and justice, which the government...
...State Hillary Clinton said recently that the U.S. is "not interested in staying [in Afghanistan]" and has "no long-term stake there," she probably - if inadvertently - caused fence sitters to reconsider their options. Indeed, Masoom Stanekzai, Karzai's point man on the reintegration policy, says that for it to work, a U.S. commitment of more troops is important. "The stronger presence of security forces in an area means that more Taliban commanders are under pressure," says Stanekzai. "They will ask themselves, 'Continue and be killed, or join the peace process?'" (See who's who in Barack Obama's White House...