Word: direness
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Only part of the bank risk problem is solved by evaluating mundane factors such as the strengths of bank balance sheets and forecasts of a more dire economic future. Regulators have created a bell shaped curve for bank risk based on too few variables...
...Park, home to many of Taiwan's flagship technology companies, more than three out of four workers are currently taking unpaid leave at least one day a week. Ryan Wu, chief operating officer of job-search website 1111 Job Bank, says that conditions at Hsinchu have never been so dire in the park's 29-year history. Wu says that two years ago, the companies that job hunters most often sought out using his service were microchip makers and electronics manufacturers; last year, the most-searched-for company was convenience-store chain 7-11. "I think there's extreme panic...
...director, Leon Panetta, told journalists that it was important to know how the global economic downturn is affecting the stability and foreign policies of key U.S. allies and rivals, especially China, Russia and countries in Latin America. He singled out Argentina, Ecuador and Venezuela as countries in particularly dire straits. The briefing will also be shared with "key players in the Administration." The objective, Panetta said, is to "give policymakers a feel for what's going on ... so they can use it [in decision-making...
...Late in the summer of 2006, the top Marine intelligence officer in Iraq cabled his superiors at the Pentagon that the war was essentially lost in Anbar; his dire assessment soon surfaced on the front page of the Washington Post. "The prospects for securing that country's western Anbar province are dim," the newspaper said, summarizing the report. "There is almost nothing the U.S. military can do to improve the political and social situation there." One anonymous official who read the report flatly told the paper "the United States has lost in Anbar." (See pictures of the Anbar Awakening movement...
...automakers GM and Chrysler, Tata Motors doesn't appear to be on the brink of bankruptcy. According to industry analysts, the company has strong management and the backing of the Tata Group, a venerable Indian conglomerate with $63 billion in annual revenues. "For Tata Motors to be in dire straits, things will have to worsen much more," says a Mumbai-based analyst with Credit Suisse who asked not to be named...