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There's another point I'd mention: There's a lot of cash on the sidelines, both at the individual level and the institutional level. At some point, all this cash has got to go to work, and I think that's what you're seeing [in the market rally.](See pictures from the crash...
Sometime on Nov. 3, the supercooled magnets in sector 81 of the Large Hadron Collider (LHC), outside Geneva, began to dangerously overheat. Scientists rushed to diagnose the problem, since the particle accelerator has to maintain a temperature colder than deep space in order to work. The culprit? "A bit of baguette," says Mike Lamont of the control center of CERN, the European Organization for Nuclear Research, which built and maintains the LHC. Apparently, a passing bird may have dropped the chunk of bread on an electrical substation above the accelerator, causing a power cut. The baguette was removed, power...
...head and leaves no trail until it is left in blood. In their first response, officials betrayed an eagerness to assume it was the first; the more we learn, the more we have cause to fear it was the second, a new battlefield where our old weapons don't work very well and our values make us vulnerable: freedom, privacy, tolerance and the stubborn American certainty that people born and raised here will not reject the gifts we share...
...Neither this country - nor the values that we were founded upon - could exist without men and women like these 13 Americans," Obama said. "Their life's work is our security and the freedom that we too often take for granted. Every evening that the sun sets on a tranquil town; every dawn that a flag is unfurled; every moment that an American enjoys life, liberty and the pursuit of happiness - that is their legacy...
...begins with the household chores. Olow wakes up early at 4 a.m., prepares food for his kids and sends them to school. By 8 a.m. he's already at the Lazimpat café meeting his countrymen, and he returns home only in the evening. Without the legal right to work and a monthly allowance of $55 handed out by the UNHCR, keeping food on the table can be a challenge, and the sense of isolation is strong. As Muslims living in a Hindu-majority nation, they have to travel several miles to reach the nearest mosque for prayers. Kathmandu...