Word: downturns
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...bank" will be turned into credit that helps revive business and consumer spending. The main reason is that the North-American economy might be stuck in a classic liquidity trap, first witnessed during the Dirty Thirties when banks began hoarding newly created liquidity as insurance against a further downturn. "The fact is that since the failure of Lehman Brothers every bank in the world has been concerned with beefing up capital to survive the next few years," says Lawrence Booth, a finance specialist at the University of Toronto's Rotman School of Management...
...like game of go. But the last time that Yosano and Ozawa played a match, Ozawa won. With the LDP reeling, it appears Ozawa now holds the political advantage as well - and this will affect whether the government is able to take more decisive action to combat the economic downturn. While Aso's Cabinet in December approved $811.9 billion in stimulus spending, little of that money has been put into action. Other measures are seen as piecemeal and ineffective, leading to the perception that Aso has failed to deliver the fiscal and monetary steroids Japan needs to avert a deep...
Suddenly everything's on sale--even silver linings. The upside to the downturn is the immense incentive it gives retailers to treat you like a queen for a day. During the flush times, salespeople were surly, waiters snobby, as though their kanpachi tartare with wasabi tobiko might be too good for the likes of you. But now the customer rules, just for showing up. There's more room to stretch out on the flight, even in coach. The malls have that serene aura of undisturbed wilderness, with scarcely a shopper in sight. Every conversation with anyone selling anything...
...agreement has been frustrating for internship coordination. “They’ve been saying that they are in negotiation for three months,” Reid said. In addition to problems with work permits, CES also eliminated a number of U.K. internships due to the economic downturn. Reid said that some employers were unable to sponsor summer interns this year. Though visa negotiations began before the financial crisis, Robin E. Mount, the Director of the Office of Career Services, said that talks may have been elongated by the dire financial situation. “It?...
...billion federal stimulus plan signed on Tuesday has given state and local officials dealing with the fallout from the current economic downturn cause for optimism. In an announcement yesterday morning to the Greater Boston Chamber of Commerce, Massachusetts Gov. Deval L. Patrick ’78 said that the stimulus package will give the state $6 to $9 billion over the next two years. Throughout the state, towns and cities have submitted thousands of shovel-ready projects—immediately actionable proposals—in the hopes of receiving funding from the stimulus package, and Cambridge was no different. According...