Word: contagions
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...housing-related stocks have crashed. The dollar is doing a disappearing act. Alan Greenspan, after years of artful obfuscation, has suddenly discovered a terrifying gift for clarity, warning that inflation will rise and house prices will tumble. Stock market volatility has surged. And now, feeding fears that the contagion is spreading, the British bank Northern Rock has suffered a near-death experience...
...something it hasn't done in months: share H5N1 virus samples with the WHO. Under new international health regulations that went into effect in June, all countries are supposed to share virus samples of dangerous diseases like bird flu with the WHO, to help international scientists track contagion - and in the case of the flu, formulate possible vaccines. Since the end of last year, however, Indonesia has refused to share samples, claiming that international drug companies were using Indonesian H5N1 strains to produce vaccines, which they would then sell at prices developing countries couldn't afford. Though Jakarta sent samples...
...These new bonds are re-rated, creating illusion of safety even though the top-rated bonds may include very risky original loans. Last year nearly $500 billion in CDOs flooded the market. Many hedge funds invested heavily in them, often using borrowed money, and thus increasing their exposure. The Contagion...
...hurt his standing. On 3 August Debby Reynolds, U.K. Chief Veterinary Officer, confirmed that cattle in Surrey had tested positive. Sixty-four cattle at the site of the outbreak were slaughtered, and the farm is now ringed by two concentric zones designed to contain the contagion: a protection zone 3km (1.8 miles) wide and a surveillance zone of 10km (6.2 miles). Also inside these zones is the Pirbright Laboratory, which conducts research into FMD and other diseases of farm animals. Preliminary tests revealed that the Surrey cattle had been infected with a strain of FMD the U.K. government says...
...author of the study, Dr. Nicholas Christakis of the Harvard Medical School, claims the obesity contagion is not merely a matter of like-minded people befriending one another. "It's not that obese or nonobese people simply find other similar people to hang out with...