Word: driven
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...decision to cut interest rates could cheer Asian investors concerned that a deep economic slump in the West will derail Asia's export-driven economies. The quandary facing Asia's policymakers is that credit is tightening and stocks are plunging due to circumstances mostly beyond their control. "Central banks in Asia don't have the ability to fix the problem," said Kirby Daley, senior strategist at financial services firm Newedge Group in Hong Kong...
...federal government can and should encourage buyers to head back into the real estate market by announcing that people who buy a home during the next year will be exempt from federal income tax if and when they later resell that home for a profit. Driven by the profit motive - and tax-free profit at that - real estate investors and others would soon begin snapping up short sales, foreclosures and any other bargains they could find. Unsold housing inventories and mortgage foreclosures would decline, and the housing market would be on its way to recovery. Good old-fashioned capitalism would...
...Instead, worries are growing that a severe economic downturn in the U.S. and Europe could hurt export-driven Asian economies more than originally thought. Turmoil in Europe as governments scramble to cobble together their own bailout packages has convinced Asia that the contagion will spread far from Wall Street. "We felt pretty good that our economies are stronger," says Song Seng Wun, an economist at CIMB-GK Research in Singapore. "Problems seemed to be other people's problems." But recent events "have made us realize that we aren't entirely safe. It looks like the problem might be closer...
...would switch to regular fuel once the electricity runs out. Renault will roll out its ZE (for zero emissions) electric car in Europe in 2011, and Tenenbaum estimates that by 2015, auto companies will have sold about 2.5 million electric cars in Europe - about 15% of all vehicles driven on the Continent...
According to Korean news reports, Choi became depressed when rumors started circulating last month in the country's very active online communities that she was a loan shark and had driven a fellow actor, Ahn Jae Hwan, to kill himself. The word on the Net was that Choi had been pressuring Ahn to repay a loan of some $2 million. After enduring the accusations (which police said after her death were untrue), Choi killed herself in a "momentary impulse," according to the investigative team, driven by malicious rumors and prolonged stress...