Word: affections
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Dates: during 2000-2009
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...considering the economic crisis, Nevins suggets that the very equanimity achieved through prayer may actually help solve the concrete problem. He says that prayer-induced calm could affect the economic spiral in a way similar to the case of a serious illness in which a miracle cure may not be in the offing, but "doctors have observed that people who have hope are able to have a better quality of life and better outcome in their healing." Says Nevins: "If people stampede and panic and liquidate their assets, then we'll all be in worse shape. So maintaining some perspective...
...financial activity to others makes it impossible to know what to expect in macro terms in the medium run. Indeed, Paul Tsang, senior vice president at Polaris Securities in Hong Kong, says he expects the rebound to continue as investors wait to see how the proposed bailout plans affect financial institutions, but that longer-term predictions remain murky. "My initial hunch is consolidation will continue for one or two weeks," he says. "After two weeks, we'll see another change, either up or down." - With reporting by Peter Ritter / Hong Kong (Click here to see photos of how London faces...
...credit crisis is hurting even small Hong Kong businesses, according to Danny Lau, chairman of the Hong Kong Small and Medium Enterprise Association. "Bankers are tightening loans," Lau says. "That will affect most small businesses. Some of them have loans from banks in order to run their operations. Now they will have to tighten up, or they will have to contract in the future." Last week, U-Right, a clothing retailer with about 100 outlets in Hong Kong and another 500 in China, was forced to liquidate after it could not meet bank demands to repay its debts. By Sunday...
...objected to an amended version of the state's Born Alive legislation, which passed after Obama left the state senate. Like previous proposals, the amended bill declared that any child born alive was a "human person," but it also specifically stated that the legislation should not be construed to "affect existing federal or state law regarding abortion" or "alter generally accepted medical standards," effectively eliminating the concerns of Obama and other abortion supporters like Sutherland that the law could be used a way to limit access to abortion...
...Still, Kroeber and others stress that China may choose not to participate in a global bailout because leaders will have their hands full at home. Tougher economic times could affect the country's social stability, meaning leaders will direct their focus inward. "China's resources are strong enough to ensure its own economy can sail through this relatively smoothly," says Kroeber. "But they can't save anyone else's bacon...