Word: specter
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...when its largest state-owned bank halted efforts to raise $2 billion in desperately needed cash to pay off loans from Japan and other countries. The retreat, which came barely a week after the International Monetary Fund agreed to ride in with a $57 billion rescue package, raised the specter of a massive default by the world's 11th largest economy on its far-flung foreign obligations...
...specter of a sell-off of the division or some broader restructuring has moved Dow Jones stock to its highest price since 1987; last Friday it closed at $54. Several Dow Jones insiders noted Rupert Murdoch's recent visit to Dow Jones headquarters for a meeting with Kann, and both Microsoft's Bill Gates and Buffett have privately expressed interest in the company, believing the Journal and Dow Jones brands are all underleveraged assets. Jettisoning one weak division may not be a panacea. The company will probably take an estimated $800 million write-off. And strategically it will become weaker...
...Arabia are trying to figure out how to increase oil revenues. Experts believe they might strike a deal: Iran would cease all terrorist activity in Saudi Arabia; in exchange, the Saudis would work to raise oil prices, even if it meant cutting back its own production. That raises the specter of higher energy costs, the nemesis of low inflation...
Years of repression have all but silenced opposition to Saddam Hussein, who can command mass demonstrations of devotion at any time. As the specter of a U.S. attack rose, obedient Iraqis streamed into the presidential palace to act as human shields. They chanted and moved on cues from government officials. Most appeared enthusiastic, waved posters of the Iraqi leader and vowed absolute loyalty. Some mothers with young children seemed exhausted and indifferent. Others were confused: "How long must we stay?" "What should we do?" They received no answers...
...welcome exception to the flatness of the acting can be found in the unfortunately far too small part of a sailor played by Joseph Specter. Specter sang with a very pleasing, quick vibrato, fine enunciation of his words and clear tone. And he is one of the few actors, if not the only one, who projects a consistent, believable stage presence. He simply assumes the character of the role he played, without pandering to the audience or looking shell-shocked by their presence...