Word: accountably
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...Government action could shield the Chinese economy from the worst of a global slump. Indeed, economists currently say China ought to remain a relatively bright spot amid the economic gloom. Merrill Lynch estimates that China will account for 40% of world GDP growth in 2009. Continued strong Chinese demand for raw materials, machinery and consumer goods is expected to prop up other Asian economies - the region as a whole is projected to dodge a recession next year...
...made the City--the square mile around St. Paul's Cathedral that is the heart of the old financial district, plus the gleaming towers of the new financial district in the docklands area--a powerful motor not just for London but also for British prosperity. In 2007 financial services accounted for 10.1% of the U.K.'s gross domestic product, up from 5.5% in 2001. Add in professional services linked to finance, such as accounting, law and management consulting, and the total rises to 14%. And that's for Britain as a whole. For London, finance has been even more important...
...right to praise the robustness of the banking sector, but there are some vulnerabilities here, too: several of Turkey's banks have been acquired by foreign companies, including two European banks that have run into financial trouble elsewhere, Fortis and Dexia. Turkey also has a current account deficit that amounts to about 6% of its economy, and a recent Goldman Sachs study of emerging markets most at risk highlights that deficit as a potential trouble spot. Still, overall, Turkey came in 12th out of the 18 countries that Goldman examined, just behind Brazil, but in substantially better shape than...
...also set up an e-mail account soliciting comment on the issue from students and professors, Faust said, and the responses were overwhelmingly positive...
...initially concerned about the trial program’s lack of a forwarding feature, which he said may prevent students from sifting through hordes of e-mail with mail services like Gmail, which is popular among College students. Sundquist said the FAS IT department took this concern into account and that the new mail client will allow e-mail forwarding. Rumors have abounded that student class years may also be added to the new addresses, meaning that a current freshman would have an e-mail address that looked something like firstname.lastname.12@college.harvard.edu. Several students at Sunday’s UC meeting...