But Strachan was shrugging it off as just one of those games when everything went right for the underdogs.

BBC: Content Strachan ponders Kljestan

Speaking of Japan effect, although many companies are now shrugging it off, saying sales in Japan are not material, or not materially affected, and supply issues have been managed by sourcing elsewhere, the quake and tsunami occurred with only three weeks left in the quarter, and the merchant market and inventory were sufficient to carry most companies through.

FORBES: Pieces Of The Q1 Puzzle Fall Into Place

Yes, the market appears to be shrugging off significant geopolitical risk and it continues to discount the possibility that the Japanese tragedy will spin out of control, but I suspect another more fundamental force is at work.

FORBES: Bevy of Black Swans Or Just A Flock of Seagulls?

It embraces the comforts and pleasures of modernity, while shrugging off the basic sacrifices that built our civilization in the first place.

FORBES: The Case for Natalism is the Case for Immigration

India thinks it has blasted its way to recognition as a world power, shrugging off pressure over Kashmir on the way.

ECONOMIST: Nuclear complacency

For now, Mr Barak, shrugging off his Knesset setback, is concentrating on the short run, and the dramatic changes it could hold in store.

ECONOMIST: The distance between them