Word: positioner
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One reason we have bubbles in the housing market is because there's been no way to short housing [that is, to make money when prices fall]. The ability to short is essential to an efficient market, otherwise there's nothing to stop zealots from pricing things abnormally high. If...
Some in the opposition believe Saakashvili may use the mutiny as an excuse to mobilize the military against demonstrators. "It is possible the authorities might use the incident with the military unit in Mukhrovani to quell the rallies in Tbilisi," said Mamuka Katsitadze, an opposition leader, although the Georgian leadership...
If Sherzai had continued with his campaign he would have had to step down from his presidential-appointed post as governor - a prestigious and influential position he would be unlikely to regain if he lost to Karzai. A spokesman for Sherzai said his boss "decided Karzai would be a better...
As a result, there are no recent pictures taken by independent photojournalists of Sri Lankan soldiers on the battlefield; of civilian or military casualties (other than the grisly, usually unsourced pictures occasionally released by the LTTE); or of of what war has done to the north of Sri Lanka since...
Foreign aid is critical to Sri Lanka as it struggles to set up camps with decent food, water and sanitation for tens of thousands of refugees. It will be even more important as the country tries to rebuild the north after nearly 30 years of war. Spending on military pay...