Calderon s Cauldron

A leaky doghouse.

And that is, you don't put water into a leaky bucket.

These models, like the leaky bucket, work well in most situations.

Knowing how leaky the telephone cables are between here and Buenos Aires,

But the first few systems were these leaky, loud power guzzlers that Martha Stewart would definitely never have approved.

Look, son, here's your money back. You stick to riding that leaky motorcycle. It's closer to the ground, son.

And, in this kind of cauldron of moments and places and acts of deceleration, lie what a lot of people now refer to as the International Slow Movement.

Last week, our colleague and my friend, the Ambassador of Pakistan, compared the United Nations to an old and leaky sailboat that we are trying to repair in mid voyage.

Yet imposing capital controls on inflows is difficult and sometimes leaky. Macroprudential controls on credit growth are useful, but sometimes ineffective in stopping asset bubbles when low interest rates continue to underpin generous liquidity conditions.

NEW YORK Japanese Prime Minister Shinzo Abe is once again stirring Asia s cauldron of national rivalries and historical resentments. This time, he has instructed a committee of historians to reexamine the official apology delivered in 1993 to World War II era sex slaves held in Japanese military brothels.

In the wake of the Taliban s ouster in Afghanistan, bin Laden and his followers have come to regard Yemen, alongside Pakistan, as a haven. Indeed, Yemen is now a bubbling cauldron of jihadis who have flocked there because it, like Afghanistan and Pakistan, has weak, easily manipulated state institutions.

MUNICH With pain and misgiving, the United States Congress bailed out Wall Street in order to prevent a meltdown of America s financial system. But the 700 billion to be used may flow into a leaky bucket, and so may the billions provided by governments throughout the world.

Mr. Kafando (Burkina Faso) (spoke in French) I should like to preface my statement by saying how delighted my delegation is to have this opportunity, through our consideration of this agenda item, to examine the situation in the Middle East, that seething cauldron which, every day, makes one fear the worst.

She notes that some reports have revealed the presence of iodium 131 in significant quantities in the lagoon of Mururoa after the tests, and surmises that the discovery of caesium 134 in the lagoon apos s waters is an indicator of the leaky nature of the underground shafts, from which more radioactivity is likely to escape in the future.

The region between Egypt and Pakistan is a cauldron of five discrete, explosive components Iraq s civil strife, Afghanistan s insurgency, Iran s nuclear ambitions, the longstanding Israel Arab conflict, and the risk of clashes between extremist groups and corrupt, repressive governments. A comprehensive policy is needed, yet the threats are so diverse and complex that separate approaches have to be applied simultaneously.

The fourth option is to impose capital controls on inflows (or liberalize controls on outflows). Leaving aside the issue of whether or not such controls are leaky, evidence suggests that controls on inflows of short term hot money do not affect the overall amount of capital inflows. Thus, such controls are ineffective in reducing short term cyclical pressure on the currency to appreciate.