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...subprime crisis. If bond insurance disappears or becomes too costly, lenders will become even more cautious about making loans, and this could impact everyone from mortgage-seekers to municipalities that need money to fix roads and build schools. "We're seeing players in all of those spaces being more circumspect about whose credit they're going to guarantee and what exactly the credit obligation is," said Ellen Marshall, partner at Manatt, Phelps & Phillips...

Author: /time Magazine | Title: Credit Default Swaps: The Next Crisis? | 3/17/2008 | See Source »

...both backed the monarchy during the civil war, supplying it with weapons and aid. India, which has close ties with virtually every faction in Nepal, eventually shepherded the peace process along, forcing the main political parties to come to terms with the Maoists. China has remained a bit more circumspect, letting India flex its geopolitical muscle while building bridges with the Nepali Maoists it shunned until not long ago and beefing up its hydropower investments along Nepal's glacial rivers. As the budding superpowers expand in influence and ambition, many see Nepal falling into the crosshairs of a new "Great...

Author: /time Magazine | Title: Rebels with a Cause | 1/31/2008 | See Source »

...Bush was also harshly criticized - albeit in more circumspect language - in countries with close ties to Washington, including some from the very countries that rolled out the red carpet for the visiting President. Commenting on the two main purposes of the tour, even the most liberal Arab press questioned the sincerity of Bush's efforts to establish a Palestinian state and criticized his campaign to pressure Iran over its nuclear program. On occasion, senior Arab officials contradicted or disputed Bush's pronouncements even before he left their countries. Perhaps the unkindest cut of all was an editorial in the Saudi...

Author: /time Magazine | Title: Bad Reviews for Bush in the Mideast | 1/16/2008 | See Source »

...Brabeck has spent his entire professional life at Nestle, working his way up from lowly ice-cream salesman, and he's respectful of the 136-year-old company's traditions. Just as in the mountains, he moves with care. "Peter Brabeck lives life to the full, but he's circumspect," says Vreni Spoerry, 64, a nonexecutive Nestle director for the past decade. "He's good at anticipating what might happen and seeing where the risks lurk...

Author: /time Magazine | Title: Nestle's Quick | 11/14/2007 | See Source »

...much for human wishes. Roberts, of all people, ought to have been more circumspect in trumpeting his plans to reform the vociferous court. His ambitions have so far been in vain. The warring factions of the Roberts court--and their pocked and smoking battlefields--have made his talk of self-effacing harmony seem obsolete. After a brief honeymoon of unanimous opinions in obscure cases, it is the same four Justices on the right and the same four on the left in one high-profile case after another, with Kennedy determining the law. Bombast, rhetorical excess and dueling opinions are thick...

Author: /time Magazine | Title: The Incredibly Shrinking Court | 10/11/2007 | See Source »

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