Word: day-to-day
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...That's because credit markets, which affect the ability of businesses and governments to borrow to fund day-to-day operations, continue to tighten in Asia as banks become more nervous about lending. In Hong Kong, the one-month interbank lending rate has doubled in the past month to 4%. Central banks are trying to pump liquidity into financial markets to avert a credit crunch. India on Monday cut the amount of cash that banks must deposit with the central bank in an attempt to loosen credit. "Credit markets are quite global," says Kirby Daley, senior strategist...
...even if such attacks could potentially give McCain a brief boost, it's not at all clear that they would help for the long haul. After all, since midsummer, the Arizona Senator has effectively dominated the day-to-day media narrative through a series of surprising, bold and, to some, reckless tactical moves designed to keep his opponent on the ropes. Through depicting Obama as Paris Hilton, selecting the little-known governor of Alaska as his running mate, manufacturing the lipstick-on-a-pig contretemps and, most recently, "suspending" his campaign to tend to the financial crisis, McCain...
...media's fascination with Obama. At the time, McCain's aides openly vented their frustration, both with the political climate, which favored Democrats, and with the media, which they believed had unjustly soured on McCain. It was an environment that seemed tailor-made for Schmidt, McCain's new day-to-day campaign manager, who had earned his stripes in the hardscrabble world of the Bush-Cheney 2004 war room, fighting and winning the news-cycle battle...
...life events, however, shows a commitment to raising the financial bar even during turbulent times. This additional funding not only represents hard work on the student end, but it also serves as a ringing endorsement of new Dean of the College Evelynn M. Hammonds. Making a difference in the day-to-day lives of students requires that a dean make conscious and sizeable decisions instead of passing the buck. For taking student concerns seriously and acting upon proposals instead of pushing them from one committee to another, Hammonds should be commended...
...Mugabe may be willing to discuss economic reform more than in earlier situations, as he acknowledges the influence of Tsvangirai and looks forward. By agreeing to the current political arrangement, Mugabe has demonstrated at least some capacity for negotiation and compromise. And even with Tsvangirai in charge of the day-to-day government, Mugabe would be able to claim a portion of the credit for any economic successes, with deniability and a ready scapegoat if the situation does not improve...