An even stricter test of capital-market integration, and the one on which the flows of saving and investment really depend, is that real (ie, inflation-adjusted) interest rates should be equal across countries.

ECONOMIST: Capital goes global

And they performed a "WIGGLE" test. (I know you will find this hard to believe, but that is NOT an acronym for Wire Integration Gross Gyration Looseness Exam -- it's just a plain old wiggle test.) In any case, the wires all checked out -- and on went the flow toward a January 19 launch.

CNN: Challenger explosion

It would not start with the proposed test of the MIRACL laser against the third Miniature Sensor Technology Integration (MSTI-3) satellite. (For that matter, these assets were used in an inconclusive low-power laser test last April.) And it assuredly would not stop if the Clinton Administration chooses not to conduct the high-power experiment now being proposed by the Army.

CENTERFORSECURITYPOLICY: Center For Security Policy