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Word: bankes (lookup in dictionary) (lookup stats)
Dates: during 2000-2009
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...deflation isn't just a U.S. anxiety. Japan, which emerged from deflation only earlier this decade, is now back in recession, has negligible inflation and could soon see prices fall again. So too in Europe, where the European Central Bank was behind the curve in seeing the risks to growth that the credit crisis posed and kept interest rates too high for too long. Though Europe is not in outright deflation yet, the pressures across the continent are all trending downward. Even in China, the world's largest developing nation, officials acknowledge that the risk of inflation - their main concern...

Author: /time Magazine | Title: The Global Economy's Big Fear Becomes Real: Deflation | 11/21/2008 | See Source »

...Merrill Lynch economist King argues, it's likely that the deflationary forces will intensify as the result of a vicious cycle. As economic conditions deteriorate, bank lending naturally declines because the number of credit-worthy borrowers - whether corporate or individual - shrinks. In other words, financial institutions that got into their current egregious situation by making bad loans aren't going to recover by making more bad loans. Thus a declining economy leads to contractions in lending, which further dampens demand...

Author: /time Magazine | Title: The Global Economy's Big Fear Becomes Real: Deflation | 11/21/2008 | See Source »

...complicated. Negotiating Bill Clinton's portfolio has been one sticking point. The conundrum was on display on Nov. 16 even as Bill hailed his wife's potential to be "really great as a Secretary of State." He made that comment while giving a paid speech for the National Bank of Kuwait, which is the kind of thing for which he earned more than $10 million last year alone. Beyond his six-figure speaking fees, there are also a myriad of undisclosed contributions to the former President's far-flung charitable endeavors and to his presidential library, many of which have...

Author: /time Magazine | Title: Why Obama Wants Hillary for His 'Team of Rivals' | 11/20/2008 | See Source »

...TIME estimates that as many as 285,000 Minnesota voters submitted absentee ballots. The number of rejected ballots is not yet known. Still, if Franken gets the state's other counties to give him voter information for their rejected absentee ballots, he might be able to move toward a bank of 16,000 uncounted ballots, if each county rejected a similar percentage as Ramsey. "If [Franken] can get those rejected ballots in the mix I think he's got a much stronger opportunity to win the race," says David Schultz, a Hamline University professor who specializes in elections...

Author: /time Magazine | Title: In Minnesota, Franken Wins a Skirmish | 11/20/2008 | See Source »

...Kong, which in the third quarter grew at their slowest pace in more than six years. Hit by higher costs, slowing orders and tightening credit, thousands of factories owned by Hong Kong firms are closing up in southern China's industrial heartland. This week, HSBC, the city's largest bank, said it would layoff about 450 people in Hong Kong due to deteriorating business conditions and a poor outlook for next year. Supply chain-management firm Li and Fung, which sources clothing and other consumer goods for major American retailers and brands, announced this month that it was "undertaking...

Author: /time Magazine | Title: Due to the Economy, Stress Boils Over in Hong Kong | 11/20/2008 | See Source »

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