Word: almost
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Dates: during 2000-2009
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Such a targeted type of program has a good shot at doing what it sets out to do. The downside: intervening in the economy in such a precise way is almost by definition not expandable. Cash for Caulkers would give building contractors a boost, but they represent a small slice of the economy. To next help out, say, bakers, policymakers would have to design a brand-new program. Plus, if such a program had an expiration date, we'd feel not just a rise in demand, but a fall later on as well. Car manufacturers and the people who work...
...world's most lawless - has killed more than 19,000 people in the past three years alone.) Al-Shabab's membership is estimated to number in the thousands; its fighters are identifiable by their red-and-white scarves. The group began fighting Ethiopian troops and the weak interim government almost immediately after the invasion; today it controls large areas of the nation's central and southern regions. Al-Shabab carries out near daily attacks against the government as well as against aid groups and African Union peacekeepers operating in the country. Its members are mainly Somalis, though it has also...
Bolivian voters, at least, issued a resounding yes in Sunday's presidential election: the initial tally shows Morales, now 50, winning re-election with 63% of the vote, almost 10 points better than his 54% showing four years ago. He defeated his closest opposition candidate by 40 points. His party, the Movement Toward Socialism (MAS), won two-thirds of the seats in Bolivia's Congress. As a result, said Morales, "I am obligated to accelerate the pace of change." The statement was sure to buoy the indigenous majority that makes up his base while vexing the more conservative white minority...
...ensured a larger landslide this time. Critics foresaw macroeconomic disaster three years ago when Morales, fulfilling a campaign promise, nationalized Bolivia's vast natural-gas reserves. Among the doubters was the International Monetary Fund (IMF) in Washington. Today the IMF is hailing Bolivia's projected economic growth rate of almost 3%, one of the hemisphere's highest, as well as the fact that the country's economy has averaged almost 5% annual growth since Morales came to office, Bolivia's best performance in three decades. "Bolivia is the most profound example that the conventional wisdom of economic growth - that...
...outside the presidential palace in La Paz Sunday night, Dec. 6, seemed to celebrate Bolivia's indigenous past as well as its first indigenous President. Banners and T-shirts sported the faces not only of Che but of Tupac Katari, the leader of an 18th century Aymara uprising that almost drove out the Spanish colonizers. Katari was eventually captured and drawn and quartered, but before dying, he warned, "I will return, and I will be made of millions." His quote has been oft repeated since Morales won his first term, and it will no doubt be heard again throughout...