Word: worldly
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...Such wide disapproval in France was in stark contrast to the wide public support former French hero Zinedine Zidane received following his infamous head-butting incident with an Italian opponent during the 2006 World Cup final. Perhaps this is the reason Henry himself finally stepped up with a near mea culpa. In a statement sent to the British TV channel Sky Sports, Henry broke his silence since his postmatch admission that he had handled the ball, acknowledging that "the fairest solution would be to replay the game." He insisted that the use of his hand during the game...
During his Nov. 13 visit to Tokyo, U.S. President Barack Obama emphasized that Japan, as the world's second largest economy, has a special role in the global marketplace. One week later, it's becoming clear the country may be special for another reason. While much of the rest of the planet frets about a coming rise in inflation - a consequence of economic recovery, massive stimulus spending and a weakening dollar - Japan faces the opposite problem: a potentially devastating bout of deflation...
...While a little inflation is considered normal and healthy for growing economies, a prolonged deflationary period is a recipe for economic misery. Falling prices drag down corporate earnings, wages, consumer spending and investment by businesses, and can lead to a deflationary spiral like the one the world experienced during the Great Depression. "If price deflation leads to asset deflation and that leads to further deterioration, then that will lead to the collapse of the economy," says JPMorgan Securities chief economist Masaaki Kanno. Deflation has periodically plagued the Japanese economy for the last 15 years, ever since a spectacular asset bubble...
...last speaker at the rally, Scott T. Gregg ’11, shared a personal story demonstrating the importance of access to drugs by comparing the fate of people in third world countries to the experiences of his father who suffered from a brain hemorrhage, and grandfather, who suffered from malaria respectively...
...interests of the U.S. and should not be part of American diplomacy. Indeed, the fact that Obama’s bow managed to precipitate a media controversy indicates that spectators are too easily distracted from the real and substantive issues at hand. It is true, though, that in the world of foreign policy the subtleties and nuances of behavior can influence the discussion of serious issues. The attempt to be culturally sensitive can immediately start negotiations off on the right foot...