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In the first place, it is becoming an institution concerned with state debt, particularly with its term structure, and with ensuring that the market for that debt continues to operate smoothly, without episodes of breakdown and panic.

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Now consider a situation in which the motors stay off, the fly continues on its path and it suffers some painful consequence such as getting zapped.

In the Middle East, conflict between Israelis and Palestinians continues unabated, and it becomes ever more difficult to see how, just how a possible, sustainable solution can be achieved.

Darfur may have slipped from the news headlines, but the killing and displacement there continues as well, and the sheer human misery that it creates is very hard to fathom.

The United States continues on a daily basis to violate the terms of the 1851 and 1868 Fort Laramie Treaties with the Lakota.

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