Word: baile
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...That isn't what markets vulnerable to American troubles want to hear, particularly the export-dependent economies of Asia, where concerns about a possible recession are compounded by doubts that the evolving, $2.2 trillion U.S. plan to bail out its finance and banking system will prove effective. For those reasons, some see flightiness reigning in stock markets for the foreseeable future. "I expect volatility to continue for some time as long as confidence hasn't been restored," says Matthew Kwok, head of research at Hong Kong's Tanrich Securities. "Sentiments are quite pessimistic...
Bailout Fallout This notion of a government bail-out [Oct. 6] is not a question of liberal vs. conservative but one of right or wrong. This one is wrong. The burden will fall on the people who need this money much more than greedy executives do. The executives should go down, just as any of us would have to. I realize the economic implications, but this country was built on sacrifice, and we may have to sacrifice again. Nicholas Gamba, SAYREVILLE...
...came about because of a self-imposed fiscal discipline. But, as Patrice Poncet, a finance professor at ESSEC Business School in France, points out: "It's the tendency of politicians to turn temporary measures into permanent ones." Extraordinary times demand extraordinary measures. But for Europe's leaders, deciding to bail out the banks may turn out to have been the easy part...
...would Russia promise $5.4 billion to bail out Iceland, when Iceland's traditional allies weren't offering the money? After all, Russia has its own grave financial issues to deal with. Does the country really expect to be paid back in "the famous Icelandic herring, popular in Russia since Soviet times?" as Victor Tatarintsev, Russian ambassador to Iceland, noted in an interview on Russian television. More likely, this act of benevolence is being viewed as a way for Russia to help secure a bridgehead for an advance into the Arctic regions to claim the vast hydrocarbon and other mineral deposits...
...economist, but it strikes me as imprudent for the government to bail out Wall Street because it nationalizes, or socializes, free enterprise, supports investors in the assisted companies at the expense of the general taxpayer, and sets a precedent for other troubled industries to ask for government handouts. This is welfare for the wealthy at the expense of the middle class. Daniel Spiteri, San Jose, California...