Word: benard
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...wonder the pressure will be on Yudhoyono to make swift progress on the economic front. Yudhoyono "gives the impression of someone who has an understanding of the problems and has a clear idea of what needs to be done and how he's going to do it," says Agost Benard, a credit analyst at Standard & Poor's in Singapore. But political honeymoons tend to be short, and the feel-good factor could easily fade if first impressions quickly prove unfounded. After that, the new President will have to answer to voters like Riza, the laid-off backpack maker, who says...
...creditors for new terms. In a worst-case scenario, the consequences could be severe: a weakened currency, stalled investment and higher unemployment. How much time the Philippines has before this happens is hard to determine, but Arroyo's new government clearly needs to act fast, says Agost Benard, an associate director at Standard & Poor's: "There is no room for complacency. If they don't show they can enact reforms, that will be very bad for sentiment...
LUCY & DESI: BEFORE THE LAUGHTER (CBS, Feb. 10, 9 p.m. EST). Frances Fisher and Maurice Benard, winners of CBS's anyone-can-star contest, play the former First Couple of Comedy in a TV movie about their "loving but stormy" marriage...
Today some 35,000 shoppers a week descend on about 125 outlets in town to get the real stuff. Young couples from Manhattan take an hour's drive on Saturdays to stock up on Fieldcrest sheets; Philadelphia Main Liners trek some 40 miles for Harve Benard outfits. Suburban moms motor in for the kids' Nike running shoes, and senior citizens on bus tours from as far away as central Pennsylvania buy Carter's clothing for grandchildren. Even given the discounts, Flemington merchants grossed about $100 million last year, and they expect to do better this year...
...Benard said 60 percent of the workers have held their current jobs for more than five years and some have been employed by Sears for as long as 35 years. She added that more than half the employees, most of whom do not have college degrees, make more than $8.50 an hour--wages which officials said will be "difficult...for them to match in similiar positions...