Word: panic
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...Given the persistent rumors and the country's volatile political situation, however, some Ukrainians have suggested that the gravity of the situation is being exaggerated by Prime Minister Yulia Tymoshenko for political gain ahead of the January presidential elections. "What has happened is hysteria and panic, which is being provoked," says Arseniy Yatsenyuk, a presidential candidate currently running third in the polls. He accused Tymoshenko of whipping up a frenzy to distract people from the government's failings. "Is anyone talking about wages? No. Is anyone talking about the 4 million unemployed? No. Is anyone talking about...
...Taras Berezovets, an adviser to Tymoshenko, tells TIME that Yushchenko and the other presidential candidates are using the swine-flu epidemic as an opportunity to attack the Prime Minister. "The media are to blame for the panic. From the beginning, the government has told people to remain calm and follow some simple rules," he says. (See pictures of thermal scanners hunting for swine...
...along comes Begleiter, an investment banker who has grabbed a coveted place in the "November Nine." He wouldn't be there if not for the implosion of his longtime employer Bear Stearns, where he headed corporate strategy and helped wind down the firm's business amid the financial panic of 2008. The demise of Bears Stearns marked the rise of Begs the poker player. After the firm was sold to JPMorgan in March of 2008, Begleiter was without work and looking for someplace to let off steam. "I decided what the heck," he recalls. "I'm going to play...
...rough baseline from a conversation at the height of last fall's financial panic with Barry Eichengreen, an economist at the University of California, Berkeley, who is an expert on the Great Depression. "I doubt that we'll be able to avoid double-digit unemployment," he told me. "But I'm still confident we can avoid 24% unemployment like...
...only person who thinks so. Earlier this month, French President Nicolas Sarkozy unveiled an "emergency plan" for teaching foreign languages in the nation's schools with the lofty objective that "all our high school students must become bilingual, and some should be trilingual." Why the panic? Because as Sarkozy noted, a nation that spends 5.8% of its annual GDP on education - the fifth-highest percentage in the world - simply must do better than its current rank of 69th among 109 countries on the standardized Test of English as a Foreign Language (TOEFL). To that end, Sarkozy has proposed exposing students...