Word: easting
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...financial capacity that has created a history for large scale compassion. A hoarding of natural resources, especially those that are agriculturally based, would cause the cost of humanitarian aid to become unaffordable, especially when there is so little capital for eleemosynary efforts because of ruined economies. In places like East Africa, where millions of people look into the face of starvation every year, the misery could be apocalyptic...
...political curtain, Nancy-Ann DeParle was introduced to a microphone on Monday by the President of the United States on live television, and she almost turned it down. "Nancy, do you want to say a little something?" Obama asked her at the end of a ceremony in the East Room. "Go ahead...
...special envoy. I mean being prepared to pay a price in diplomacy and politics in bringing to bear all the instruments of American diplomacy on foreign partners, Palestinian and Arab, Europeans and Israelis, and at home in the Congress. So far, President Obama has said clearly that mediating Middle East peace is important to him and to Secretary of State Clinton. The Bush Administration certainly never fully accepted that this conflict should be a central American priority...
...Respite of sorts came to the region last week when a $31 billion package was announced by the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB) and the World Bank. But World Bank President Robert Zoellick says East European banks need $140 billion of fresh capital, much of which may have to come from Western Europe...
...Eastern Europe now fears the narrow instinct of individual governments will be to look to their own backyards first, only thinking of the European dimension as an afterthought. Without any clear direction, there is also a risk that instability in the east could infect everyone else and drag down the euro. Last week, Moody's Investor Services, a credit-rating agency, warned of default risks for banks in six western European states that are overextended in the east. If that occurs, it could jeopardize one of the E.U.'s finest achievements, the embrace and revival of Eastern Europe...