And if continental politicians and central bankers can build faith in the euro, the safe-haven effect may wilt too.

ECONOMIST: The economy

Humvee is the closest thing the modern Army and Marine Corps have to the venerable jeep, and thus JLTV is in effect the competition to build a next-generation jeep despite all the bells and whistles that would make the new vehicle unrecognizable to the G.

FORBES: Outcome Of Three Programs Will Drive Defense Sector Consolidation

In effect, a slower start followed by a faster build-up later can get you to the same eventual benefit in terms of reduced emissions, but far more cheaply.

ECONOMIST: Economics focus

This has, in effect, lifted any constraint on credit growth, allowing a bigger build-up of private-sector debt.

ECONOMIST: World economy