Word: augusts
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...crisis of 1997-98. In South Korea, for example, the government bought bad loans from banks and also injected government money into their balance sheets. Several banks were nationalized. Governments across the region also shut down financial institutions deemed too weak to survive or warrant a government bailout. In August 1997 Thailand closed 42 finance companies. Indonesia closed 16 banks in October 1997, and Korea closed 14 merchant banks that December, according to Merrill Lynch. This separating the wheat from the chaff helped to speed economic recovery because it made clear which institutions were solid and could be trusted...
Sure, it doesn't have an august nickname like the Fall Classic. Nor does it conjure up nostalgic images of fathers and sons huddled around the TV on a cold October evening, wrapping America's favorite pastime in a warm embrace. But while the World Series receives most of baseball's post-season adoration, it's often the sport's semi-finals - the League Championship Series (LCS) - that deliver the most heart-pounding drama...
...management team was appointed in August. "We have focused on implementation and execution to make sure the first hospital can work very well," says Mark Chen, the company's 45-year-old Ivy League--educated CEO. Chen says Sunnylife recently completed its first hospital project...
...Palin's religious background must initially have been seen as a positive to McCain campaign vetters, who assumed that her faith would appeal to the conservative base of the party that has always been suspicious of McCain. But ever since she joined the ticket in late August, the Alaska governor's various religious affiliations have caused headaches. First came reports that her pastor at the nondenominational Wasilla Bible Church was connected to Jews for Jesus, an organization that seeks to convert Jews to Christianity. Prominent Jewish leaders, including the co-chair of McCain's Jewish outreach effort, have since demanded...
...Volunteers began work in and around India's five big cities in August, and six more cities will be covered by the end of this year. The program's real test, however, will lie not in how many volunteers sign up but in how useful and sustainable it proves to be. It works by placing volunteers with existing NGOs, each of which works with different social segments and follows different teaching methods - from adults to school dropouts to children who have never been to school, and using methods as different as tuitions to supplement school learning to teaching through...