Word: alanes
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...same day that Shanghai stumbled, the U.S. Commerce Department reported that orders of durable goods in America - a key indicator of economic health - had fallen sharply in January. That followed an unnerving speech by someone many consider the great economic forecaster of our era, former Federal Reserve Chairman Alan Greenspan. On Feb. 26, he warned in a speech that investors couldn't rule out the possibility of a U.S. recession in 2007, noting that corporate profit margins "have begun to stabilize, which is an early sign we are in the later stages of a cycle." Most economists had figured...
Frankfurter Professor of Law Alan M. Dershowitz ripped into Jimmy Carter last night with all his hallmark bluster, excoriating the former President for refusing to engage in a debate and calling his latest book an “ahistorical” work. In a 90-minute solo appearance at Emerson Hall, Dershowitz extended his public assault on Carter’s book “Palestine: Peace not Apartheid,” which was released in November. He criticized the book’s argument and called Carter’s writing irresponsible, saying that the situation in Israel could...
...Rapier is the second Summers-appointed vice president to announce plans to resign this year. Alan J. Stone, the vice president for government, community, and public affairs, has announced he will step down on June 30 as well...
...Tuesday - at one point it was down more than 500 - concerns heightened about the fate of the U.S. economy. A 9% downdraft in Chinese stocks earlier in the day triggered the selling on Wall Street, while some downbeat economic news and an unexpected warning from an old bogeyman, Alan Greenspan, threw a scare into investors...
...Alan Greenspan, Bernanke's august predecessor, this week painted a gloomier picture, predicting a slowdown late in 2007. Speaking via satellite link to a business conference in Hong Kong, he declared, "When you get this far away from [the last] recession, invariably forces build up for the next recession, and indeed we are beginning to see that sign." He added: "For example in the U.S., profit margins ... have begun to stabilize, which is an early sign we are in the later stages of a cycle...