Word: contend
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...that not every country behind the Iron Curtain followed the path of those that have successfully entered the fold of Western Europe. Joyous Berliners broke down their wall 20 years ago today—but with Russia’s political influence and their own non-democratic governments to contend with, the countries east of NATO’s influence are still not completely free...
Over the near term, however, the Administration knows it must contend with unpleasant realities, thanks to that unsettling double-digit jobless rate: "We're in for a pretty dark period," says the Treasury official. But, anticipating that, the Administration's strategy has intentionally avoided overpromising. "Obama's numbers hold up because he doesn't oversell," the official says. "We need to be steady and say, We know this will work but it's going to take time. Ultimately we're pretty confident that we did the right things and that it will help...
...allowing it to rise against the dollar by about 15% earlier this decade, China has since the onset of the crisis kept the RMB's value tightly pegged at about 6.8 to $1. Economists differ on how greatly undervalued the RMB is. The International Monetary Fund and World Bank contend that it's about 15%-25% below where it would be if it were allowed to float freely. Virtually all agree that it needs to move higher, both for China's sake and the sake of its trading partners. An undervalued currency reduces real household income in China by raising...
...surreal," says Scott Atkinson, news director at WWNY, the main television station in the district's largest city of Watertown. "From where we are, there are all these local issues to contend with. But then we turn on the tube and we're watching this weird parallel universe of the talking heads talking about this as the future of the Republican Party...
...stories on that from the defectors," says Lee Jong Ju, deputy spokesperson of Seoul's Ministry of Unification. "They said they can see [South] Korean soap operas in North Korea, and then that could be one of the reasons they decided to go to South Korea," says Lee. Others contend that while North Koreans may be increasingly curious about the outside world, that doesn't mean they're having fantasies about capitalist life. "It's silly to say North Koreans are so naive that they think South Korean dramas represent actual life in South Korea. They know it's entertainment...