Word: roading
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...state for $3.5 billion, in part because of problems with its banking operations in Eastern Europe. In addition to Ukraine and Hungary, which holds high levels of debt in foreign currencies, Bulgaria, Romania and the Baltic states have all been cited as potential candidates for rescue packages down the road. No bank operating in the region is immune. "This is a systemic crisis where everything gets sold," says Simon Maughan, an analyst at brokerage MF Global in London. "It doesn't matter whether you are less exposed to Hungary and more exposed to Poland. Eventually it's going to catch...
...There’s a multiplier effect on anything,” Vogel says. “If you pave a road, there’s a multiplier effect. If you build a house, there’s a multiplier effect...But no one really knows to the last decimal what that multiplier...
...losing. The thing that gave me hope was that Proposition 8 got only 52% of the vote. I say only because eight years ago, there was another initiative to ban marriage equality and that got 61%. So the percentage is coming down. We know that we have a long road ahead, but we are making progress. It was stirring to see President-elect Obama speak on Tuesday. I was involved in the Civil Rights movement in the 1950s and 60s, and I'm certainly mindful of the whole history of the African American struggle for equality. Civil rights was never...
...Road Ahead Modern history is a cautionary tale of new Presidents who overreach and emboldened lawmakers careless with power. In her unsuccessful fight to hold her North Carolina Senate seat, Elizabeth Dole ran an ad predicting that "these liberals want complete control of government, in a time of crisis. All branches of government. No checks and balances. No debate. No independence." If Democrats like her opponent win, she warned, "they get a blank check." The rumbling started before the votes even came in: there was House Financial Services Committee chairman Barney Frank talking about cutting military spending 25% and taxing...
Cars were crawling through Mexico City's rush-hour traffic on Tuesday night when a Learjet came hurtling out of the skies, hit a road in the center of the city and burst into flames. As police and ambulances rushed to the scene to carry dozens of injured motorists to the hospital, it was reported that the plane had been carrying Interior Minister Juan Camilo Mouriño, Mexico's equivalent of a Vice President. Mouriño died instantly in the crash along with seven others, including a top security adviser and former federal prosecutor, José Luis Santiago...