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TV execs dreaming of white title games
With freezing weather forecast for the much-anticipated games in Foxborough and Green Bay, the execs are pining for icing on their cake – snow. There's nothing like sitting in the comfort of your living room while watching games played in snow. It's a mesmerizing guilty pleasure and a viewer magnet. Snow in high def is the pièce de resistance. It's the one graphic that keeps on giving, courtesy of Mother Nature. They moved a hockey game in Buffalo outside on New Year's Day, and it turned into the highest-rated NHL game in memory. The Green Bay mugging of Seattle as heavy snow fell last week was Fox's top-rated Saturday divisional game in six years. .
Richardson: U.S. losing terror war; must promote American values
Bhuttos assassination is strong evidence the U.S. is losing the war on terrorism, Richardson said. He also cited the resurgence of Al-Qaeda and the Taliban, especially along the Pakistan-Aghanistan border, plus Americas continued presence in Iraq.
Bushs foreign policy has failed, but not for the lack of opportunity to make it better, Richardson said. When Pakistan President Pervez Musharraf declared martial law and suspended the nations constitution, the U.S. should have stood in opposition, but it did not, he said.
Now after yesterdays terrible murder, the United States must stand up. President Bush should immediately suspend non-terrorism related military aid to Pakistan until President Musharraf resigns, Richardson said. Not one penny moreuntil Musharraf is gone and the rule of law is restored.
Inflation is price as Gulf nations fight to maintain dollar pegs
The arguments in favor of breaking the policy tie will gain weight as U.S. rates fall but growth and inflation remain high in the Gulf," said Simon Williams, senior regional economist of HSBC. Policy makers may put on a show of unity as they are committed to preparing for a common currency in the Gulf. "A revaluation can be delayed for a long time, but it will come at a cost," said Marios Maratheftis, regional head of research at Standard Chartered Bank. "That cost is inflation." Inflation has become a political problem in the Gulf, where it has overtaken official lending rates in five of the six states preparing for monetary union. Arguments that the status quo brings stability have begun to ring hollow as governments are forced to raise wages and impose controls on rents and food prices to contain public discontent.
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