But exaggerating the supposed Shia threat has a price.

The point is that we should be wary of hyperbolic predictions.

The EU would fall victim to what the historian Paul Kennedy calls imperial overreach.

It is a peril that cannot be overstated, as it threatens our very survival and way of life.

Nevertheless, the urgency of achieving the Millennium Development Goals cannot be overstated.

The importance of international cooperation in the fight against corruption, money laundering and transborder crime cannot be overemphasized.

Using DCF to analyze commercial real estate during any but the early years of a boom market will lead to overvaluation of the asset.

The devastating effect of capital flight brought about by corruption can never be overstressed.

The urgency of proceeding with the full and unconditional implementation of the Pretoria Agreement cannot be overemphasized.

The importance of the entry into force of the Organized Crime Convention and the establishment and operation of its Conference of the Parties cannot be overemphasized.

Overemphasizing some human rights at the expense of others had led to selectivity and double standards.

Democracy has not tempered South Korean chauvinism much, either, since the demise of the military dictatorship in the 1980 s.

A note of caution was raised regarding the possibility of overstating the importance of including or excluding exclusive jurisdiction clauses in the draft instrument.

To boot, we have been told that government is so clever that it might even make money on the whole affair.

When foreign companies get a deal that is too good to be true, there is often something underhanded going on. Around the world, oil and gas companies have themselves to blame too often, they have resisted calls for greater transparency.

The implementation of the Habitat Agenda, while it had progressed, was still impeded by poverty, whose scope should not be overestimated.

Scary stories sell newspapers, but in truth all of this sniping at the Fed is overdone. Historically, a 10 fall in the dollar translates into only a one percentage point rise in inflation.

To boot, we are told that government is so clever that it might even make money on the whole affair.

The political consultants behind this shift know that chauvinist appeals work in America especially in times of economic stress and political turmoil.

There is evidence of a serious effort on the Palestinian side to maintain the calm and, on the Israeli side, of determination not to overreact to isolated incidents.

But the currency s overvaluation also underlies the lack of competitiveness that curbs franc zone countries capacity to diversify their economies, create added value, and develop.

In a multi party democracy, on the other hand, citizens are concerned with other interests, material, social, even cultural ones, and thus less likely to be drawn into aggressive chauvinism.

The request to host servers inside the country might be seen as an extension of the demand from this past May by the Supreme Council of Cyberspace to all foreign messaging companies that they have a year to move the data they hold on Iranians onto servers inside the country or face censorship.

The importance of parliaments enacting laws that will not only establish anti corruption mechanisms, but will ensure their independence, especially from any negative influence of the executive, cannot be overemphasized.

Foreign NGOs such as MSF insist on using medications that are up to World Health Organization standards, but the Chinese government insists that such restrictive measures are excessive.

Obviously, calls for greater balance in historical education raise the specter of reactionary overkill either complete affirmation of past Japanese conduct or other forms of anti Chinese bias.

The over valued dollar caused the US economy to hemorrhage spending on imports, jobs via off shoring, and investment to countries with under valued currencies.

It is never too much to emphasize the new challenges and threats that mankind is confronted with, specifically infectious diseases, the degradation of the environment, natural disasters, international organized crime, corruption, the proliferation of all types of weapons, terrorism, constant violations of human rights and others.

Indeed, surges in the dollar s value have long coincided with increased political pressure for trade protectionism. After all, the most obvious way to compensate for the apparent overvaluation of a country s currency is by imposing import restrictions.

The political consultants behind this shift know that chauvinist appeals work in America especially in times of economic stress and political turmoil. But perhaps enough Americans will keep their eyes open this time and learn from history.

It might be hyperbolic to say that the city is holding its breath. Lately, however, Moscow has reportedly increased weapons transfers into the separatist enclaves and it has been peddling a rhetorical line about the ceasefire being functionally dead.

But their chauvinism does not stop there they constantly propose measures to discriminate between northern Italian citizens from Veneto or Lombardy and southerners from Naples, Calabria, or Sicily.

Moreover, France needs to avoid the temptation to overcompensate for the diminishing role of the Franco German tandem, which may no longer be sufficient to power the Union, but nonetheless remains necessary.

Gender discrimination on the labour market is often related to the more vulnerable status of women already during the job seeking phase, as employers tend to overestimate aspects not related to job duties of the employee.

Putin has expertly used an endless and highly professional barrage of propaganda to widen the gulf between the beliefs of most Russians and those of most Westerners. Indeed, official propaganda playing off deep strains of nationalism is the key that allows the Kremlin to foment a climate of jingoism and intolerance.

Reaffirming that each country must take primary responsibility for its own development and that the role of national policies and development strategies cannot be overemphasized in the achievement of sustainable development, and recognizing the need for the creation of an enabling environment at all levels for investment and sustained financing,

Its overvaluation began with the Mexican peso crisis of 1994, and was officially enshrined by the strong dollar policy adopted after the East Asian financial crisis of 1997.

As a consequence of its welfare state and aggressive unions, Germany has had the highest hourly labor costs in the world for most of the last twenty years only recently has Denmark taken the lead due to a revaluation of the krona. Excessive wages destroy the labor intensive upstream product stages too fast and also impairs other labor intensive sectors like textiles, simple services, tourism, and construction.

But fixed exchange rates often lead to undervaluation (as in China) or overvaluation (as in Argentina at the beginning of the 2000 s, and, in a different context, several eurozone countries now).

While Troitsky was apparently happy to confirm Godwin's Law in his opening salvo, hyperbole was not the sole preserve of smokers. Duma Deputy Igor Lebedev took the time to pen an article titled, 'The Rights of Smokers' Are 'The Rights of Drug Addicts' and 'The Rights of Murders'

Also, the importance of trying Taylor and Johnny Paul Koroma before the Special Court cannot be overemphasized because of the strong impact that this would have on the perception that the people of Sierra Leone and of Africa have of the Special Court and of similar institutions, and on the Court's contribution to combating the culture of impunity.

Historically, a 10 fall in the dollar translates into only a one percentage point rise in inflation. This means that the dollar s 5 fall so far this year will add only half a percentage point to the inflation rate.

Are accounting gimmicks being used to overstate the true value of foreign capital contributions? Bolivia s government has, so far, simply raised questions, and set in motion a process for ascertaining the answer.

A recent assessment by the World Bank (2005 30) of its own policy line during the 1990s has acknowledged that there was a persistent tendency to overestimate growth prospects in regions implementing adjustment programmes and to underestimate growth performance in those that were not.

Continuous talk of a Sunni Shia divide might ultimately develop into a self fulfilling prophecy. Alarmist rhetoric may, in the end, jeopardize rather than protect the status quo in the region.