Word: bankes
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Dates: during 2000-2009
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After weeks of calls by the Japanese government to do something about deflation and the fast appreciating yen, the Bank of Japan held an emergency meeting Tuesday - and decided what the world's second largest economy needs is more money. Central bank governor Masaaki Shirakawa announced steps to step up monetary easing by injecting 10 trillion yen (about $115 billion) into Japan's financial system. Shirakawa told reporters that these steps could be considered "quantitative easing in a broad sense." The eight-member policy board also unanimously voted to maintain the Bank of Japan's key short-term interest rate...
...hailed as "historic" the response to its eight-month amnesty program for hidden offshore bank accounts. By the Oct. 15 deadline, some 14,700 Americans--twice the number officials expected--had disclosed billions of dollars held in 70 countries. Most account holders who pay taxes will avoid criminal penalties. As part of a U.S.-led crackdown on tax evasion, the Swiss bank UBS recently agreed to reveal the names of nearly 4,500 American clients with questionable accounts...
Palestinians in the West Bank gathered Nov. 15 to mark their Independence Day (above), the anniversary of Yasser Arafat's largely symbolic declaration of statehood in 1988. Meanwhile, officials announced their intention to press the U.N. for recognition, citing frustration with stalled peace talks. But with the initiative likely to be rejected, the reality for Palestinians isn't improving. Two days later, Israel defied international demands for a freeze on settlement construction in disputed territory, approving 900 housing units in East Jerusalem...
Public-service broadcast Channel 4 in the UK first aired the production in 2008, while PBS aired a shorter U.S. version in January and July 2009, in time for the bank collapses and bailouts of the global financial crisis...
...That tacit policy has now changed. As part of an intensifying campaign to silence Iran's opposition, authorities in Tehran last week confiscated Ebadi's Nobel medal from a safety deposit box and froze her bank account, according to Ebadi and the Norwegian Foreign Ministry, which protested on behalf of the Nobel Committee in Oslo. A spokesman for the Iranian government denied that the medal was seized and said Ebadi's assets were frozen due to her failure to pay taxes. (See the top 10 players in Iran's power struggle...