Word: broader
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...also means the one-two punch of the financial crisis and possible recession could mete out pain around the globe. "Stabilization of the financial markets is a critical first step," said U.S. Fed Chairman Ben Bernanke Wednesday. "But even if they stabilize as we hope they will, broader economic recovery will not happen right away...
...Macquarie's investments are much broader than infrastructure, and new CEO Nicholas Moore argues that with little exposure to Wall Street's problems and $14 billion in cash, the bank can easily refinance debts. The recent credit crunch, however, has made the market cautious. On Oct. 14 Macquarie Group's shares were trading at around $24 ($A35), two-thirds off their peak of $85 in May 2007. And Babcock & Brown had tumbled from around...
...Canada A Win for Harper Prime Minister Stephen Harper's Conservative Party prevailed in Oct. 14 elections, earning a broader mandate amid economic turmoil but falling short of the outright majority Harper had sought by calling the vote. In the nation's third elections in four years, the Conservatives captured at least 143--up from 127--of 308 House of Commons seats, while its primary opposition, the Liberal Party, notched just...
...week. Europe suffered similar shrinkage as London's FTSE 100 slipped 3.5% by noon, while Paris' CAC 40 and Frankfurt's Dax both shedded 3.1%. Some of that slippage, market analysts said, came from profit-taking on gains posted earlier in the week. But the major factor came from broader concern and confusion about just how bad - or not - the expected general economic downturn will...
...Cherry's sentiment reflects the broader anxiety and frustration about Obama's candidacy that persists in many segments of black America. While the campaign has successfully increased voter registration levels among blacks, getting them to the polls is a very different matter. Cherry and others in the black community worry that the Obama campaign is too concerned with striking a moderate pose that puts white voters at ease and, as a result, is not working hard enough to get out the black vote...