Word: contagions
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...generally, Harnischfeger entered this turmoil strong and lean. Well-managed with a skilled and productive work force, it had prospered from the past decade's explosive growth in global freedom and commerce. But then came the currency crisis that began in Thailand in July 1997 and spread like a contagion through the rest of Asia--and last month to Russia and last week to Latin America, hammering down local currencies and slashing demand for U.S. exports. Cheaper Asian exports began grabbing more and more domestic business away from U.S. companies and sliced into their earnings. That trend finally drove down...
...contagion" of the Russian ruble collapse--itself tied to the panic that has followed Asia's currency depreciations--has sent off economists and investors for some soul searching about emerging markets. These young tigers do not yet have the kind of social and business structures they need to build stable, prosperous capitalism. The ultimate effect on the U.S. remains to be seen. Ironically, the hit from Russia may free the Federal Reserve to lower U.S. rates, kicking off another round of strong domestic growth...
...contagion this big was beyond the state's capabilities, and at 3:30 p.m. on July 9, Miller sent e-mail to CDC headquarters in Atlanta, asking that a group of scientists from the centers' Epidemic Intelligence Service--the SWAT team of infectious medicine--be sent to Wyoming. For epidemiologists, a billet in the EIS is a much coveted post. Researchers compete vigorously for the few available spots, and when a position is granted, the tenure lasts just two years. After that, EIS investigators are encouraged to seek work in the same field at the local level. Miller had been...
...that permeates Christian and secular worlds both. Gomes' sermons compel his audience to capitalise on their talents--even if they are unsure about what those talents are. As Gomes likes to tell his undergraduates, "You all have a future. You just don't know what it is yet." The contagion of his passion is unavoidable; we emerge from his sermons feeling inspired, not just about spirituality, but, remarkably, about who we are. Gomes knows that "words influence. Words are power." In his new books Sermons, he concentrates the power of 40 his most compelling homilies...
...spring, when an enterprise's thoughts turn to mating. And the contagion of corporate couplings that's currently making the nation's banking community look a little like a Moonie wedding appears to be spreading to the airline sector. First Northwest bought a chunk of Continental; then American and US formed an alliance. Proving the course of true love doesn't always run smooth, United and Delta abruptly called off a planned deal of their...