At the outset of the creation of the euro in 1999, it was expected that the southern eurozone economies would behave like those in the north; the Italians would behave like Germans. They didn't. Instead, northern Europe fell into subsidizing southern Europe's excess consumption, that is, its current account deficits.
In the commercial world, you have this problem that the amount of research you can do in a company is based on how well your current business is going, whereas there actually should be an inverse relationship: when things are going worse, you should do more research.
Judges pretty much act independently once they get on the bench so I'm not really sure why Harper's concerned that the court is currently being stacked with a lot of Liberal appointments.
After taking a retreat into the woods of the Russian River Valley to write, reflect, and commune with nature and one another, 'Amethyst Journey' was born. The album is a collection of songs that are a combination of our outlook and inspirations - a response to current issues and the state of our planet.
I like so many different directors: Scorsese, Coppola, Cassavetes, Jarmusch, Gus van Sant, Woody Allen and the greats like Fellini, Bergman, Tarkovsky and among current filmmakers von Trier, Ang Lee, Wong Kar-wai.
First would be the literary side, then the spiritual and philosophical. The political side is required principally because of the necessity of the current Russian position.
Of course, the discounting of future earnings should hurt all stocks. But it should hurt technology stocks more than others, because so many of them are valued at extremely high levels relative to their current earnings.
Much as Africa has leapfrogged straight to mobile phones, it has the opportunity to skip the dirty, grid-tied power plants that currently operate across the developed world and go straight to clean, distributed power.
CNN will always be the channel people turn on when wars and horrible disasters happen. The 'trick' is getting people to also want to watch it when there aren't hundreds or thousands of people somewhere in the world currently in mortal peril.