Word: strength
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...From climate change to a détente with Islamic nations, Asians hoped Obama would somehow solve a multitude of global problems. But there was no magic wand, nor has Obama's connection to Asia translated into significantly closer ties. "Even though he grew up in Indonesia, Obama's strength is as a local community activist, not as a foreign policy expert," says Bara Hasibuan, foreign policy chief for the National Mandate Party, a member of Indonesia's governing coalition. "So far, America's policy of benign neglect toward Asia has continued." (See a brief history of U.S. Presidents...
...expansion of the financial-services sector and growth of the British economy masked a sharp decline in manufacturing. Faced with Britain's notoriously tetchy industrial relations and high costs, many companies chose to relocate their factories to countries offering more pliant workforces and cheaper real estate. With the strength of the pound making its Dagenham plant look wincingly expensive compared with similar subsidiaries in other countries, Ford closed its car-production lines there in 2002 after 71 years. Dagenham MP Cruddas describes the resulting job losses and social tumult as "globalization ripping through a microclimate at great speed...
...gained strength by mobilizing the resentments of alienated voters. The far right will not be the only purveyors of extreme ideologies to spot opportunity in Britain's fraying social fabric. If the country is to regain the self-confidence, tolerance and humor that marked it as a great nation long after its influence declined, it needs to rediscover a faith in human nature. The mainstream politicians who did so much to dent that faith may not find it easy to lead its restoration...
...deem and pass," it is helpful to return to square one and ask: What, again, is the rush? ... If the bill is so unpopular that it must be passed long before Election Day, could there be a problem with the legislation? ... If you can't run on the strength of the laws you pass, then either you shouldn't be running or you shouldn't be passing...
...might take even longer for true strength to be evident in the housing market. "Recent estimates suggest that it would take about 33 months to clear all troubled mortgages at the current pace of liquidations," wrote Merrill Lynch analyst Michael Hanson in a recent note. Alex Barron, founder and senior research analyst at Housing Research Center LLC, has similar worries: "We need to be concerned about the homes that are significantly underwater but haven't yet defaulted," he says. "It may take another two, three or four years before we're well on our way towards a real recovery...