Word: major
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...surge earlier in the week. Europe suffered similar shrinkage as London's FTSE 100 slipped 3.5% by noon, while Paris' CAC 40 and Frankfurt's Dax both shedded 3.1%. Some of that slippage, market analysts said, came from profit-taking on gains posted earlier in the week. But the major factor came from broader concern and confusion about just how bad - or not - the expected general economic downturn will...
Nowhere is such skepticism more pronounced than in the U.K., where the nation's "special relationship" with the U.S. has failed to insulate American studies from public opinion. According to ucas, the body that handles applications to British universities, the number of people wanting to major in the subject has plunged from 1,086 a decade ago to just 381 last year. "Students see us as apologists for America," says Ian Bell, a professor of American literature at Keele University, where enrollment in the American-studies department has halved since Bush took office. "They don't want to be branded...
...million light weapons from Soviet stockpiles, and has modernized tanks, anti-aircraft missiles and other weaponry, says Hugh Griffiths, an expert on illicit weapons at the Stockholm International Peace Research Institute. A dramatic example of Ukraine's reach is playing out off the Horn of Africa, where a major shipment of Ukrainian weapons, including 33 T-72 tanks, was hijacked by Somali pirates and remains a vexing military and diplomatic problem...
...make matters worse for Garcia, a major operation against remaining rebel strongholds in the central jungle went south during the week, with important losses and allegations of human rights abuses. A roadside bomb detonated Oct. 9 by remnants of the Maoist Shining Path (Sendero Luminoso) rebels killed 13 soldiers and two civilians, including a young boy, in the remote Huancavelica state. A soldier was killed the previous day and two others on Oct. 14. It was the deadliest attack since 10 people were killed in a bombing in Lima, the capital, in March 2002, on the eve of a visit...
...terrorist bombing was a response to a major military campaign started in August to eliminate Shining Path positions from a jungle-mountain stretch known as the Apurimac-Ene River Valley or VRAE. Besides housing the Shining Path, the VRAE is also the second most important area in Peru for coca, from which cocaine is produced. The VRAE has close to 40,000 coca plants and can produce around 100 tons of cocaine annually...