Word: ahead
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Nationwide unemployment is somewhere between 23% and 38% and likely to go higher in the months ahead because of government cuts. The Iraqi government employs an estimated 2.5 million people while private sector enterprises barely register. Slots on the payroll are dwindling rapidly...
...What's not so clear is whether repaying TARP will turn out to be beneficial for investors. Analysts say getting out of TARP could be costly. Indeed, some worry that banks are putting their desire to rid themselves of government intervention ahead of their firms' bottom lines...
...commercial real estate than at any other time that regulators have measured. That exposure, Cassidy believes, could result in as many as 1,000 bank failures by the end of 2012. "All the indicators on commercial real estate that we have seen suggest that there are real problems ahead for regional banks," says Cassidy. "It is just going to take a little while to get there...
...terms. What either side will offer, or be willing to accept, of course, must remain a matter of conjecture: diplomatic opening bids seldom resemble bottom lines in resolving a strategic stalemate. But the conversation between Obama and Netanyahu on Iran could yet prove testy in the months ahead...
...rope ladder dangling from its side. Forty-five minutes later the Singapore immigration authorities are satisfied and the anxious chief engineer and his cohorts are ushered on board. Lee returns to the launch with two cold Cokes and a grin, one job done but a hectic day still ahead of him. He will perform the same task half a dozen times over the next 24 hours, flitting from one ship to the next until dawn. "Too much work," Lee says, gesturing toward an ocean littered with vessels, from bulk carriers to oil tankers to tramp freighters. (Read "Riding...