Word: addressing
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...reached. Even if the U.S. Congress passes a bailout, that could be just the beginning of what looks to be a long and painful economic unwinding for Asia. That's because exports to the U.S. are crucial for economic growth in many Asian countries. A bailout "does not address the decimation of the wealth effect of the U.S. consumer," says Kirby Daley, senior strategist at Newedge Group, a financial services firm based in Hong Kong. Nor can a bailout replace all the liquidity that has evaporated from global financial markets, which made it cheaper for companies to borrow money...
...just the beginning of what looks to be a long and painful unwinding for Asia, for example. Even if the U.S. government can pass a plan to pump money into the financial system by buying bad mortgages - thus freeing up banks to lend money elsewhere - it won't "address the decimation of the wealth effect of the U.S. consumer," which many export-led Asian economies rely on, says Kirby Daley, senior strategist at Newedge Group, a financial services firm based in Hong Kong...
...Rizzi’s] a really famous person in this area, and so I think a lot of people are excited to hear him speak,” Welsh said. The second seminar will be held on Nov. 20, but additional information, such as the issues that Chayes will address, has yet to be released. Reid and the other colloquium organizers said they anticipate that students will find the seminars beneficial. “I think the students will enjoy the speakers because they’ll bring some novel types of messages to the campus,” Reid...
...Clinton Global Initiative is the brainchild of former President Clinton, who said in an earlier address that he started the initiative in 2005 “to help turn good intentions into real actions and results...
...American economy in one of the highest offices in the nation, he has failed at his post. Some might argue that the economic factors leading to this crisis are difficult to control or predict, but that is not the case. President Bush admitted in his September 24 address to the nation that “most economists agree that the problems we are witnessing today developed over a long period of time.” Last week, Dean of Harvard Business School Jay O. Light called the crisis a “slow-motion train wreck,” implying...