Word: flashpoint
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...center of rare diplomatic brawl between Israel and the U.S. But even as the Obama Administration and the Israeli government square off over demands that Israel refrain from announcing new construction projects in occupied East Jerusalem, the tussle as Israel extends its grip and Palestinians push back is a flashpoint. "The tinder is dry in Jerusalem," says one Western diplomat. "Israeli moves on the ground have been a source of tension, and Palestinian side is heating up the atmosphere as well. It's unwise to predict an explosion, by the slightest spark could cause...
...Antelope Reef. No one lives there, nor has there been any evidence that lucrative natural resources lie beneath its lagoons and reefs. But, experts say, at a time when regional economies are booming - and nationalist sentiments swelling - the Paracels and the heavily contested Spratly islands further south remain a flashpoint in this part of the world, where the traditional balance of power is tilting further toward China...
...mean for the world economy. Some see the problem as little more than a big real estate bust. "I don't see what the big deal is," Willem Buiter, economist at the London School of Economics and Political Science, wrote bluntly. Others see the Dubai crisis as the potential flashpoint for a new stage of the global crisis, a sign that heavily indebted sovereign states might begin having trouble financing their deficits, or that investors will reassess their exposure to risky emerging markets in some kind of financial "contagion." BofA Merrill Lynch strategists postulated in a report that "one cannot...
...more drastic proposed service cuts—announced by the Faculty of Arts and Sciences on May 11 as part of a $77 million budget cut package—became a flashpoint for student criticism of the administration’s decision-making process, which many felt did not allow undergraduates sufficient input...
...once in power, he drew close to Venezuelan President Hugo Chávez and quickly copied his formula for popularity: giving handouts to the poor and blaming all the country's problems on the rich. Amid rising crime and a spluttering economy, the establishment turned on Zelaya. The flashpoint came in June, when he called for a nonbinding referendum on changing the constitution to allow Presidents to stand for a second term. The Supreme Court ruled the vote illegal and soldiers whisked Zelaya away before it could take place, leaving Congressman Roberto Micheletti to be sworn...