Word: driven
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Australia to toys manufactured in southeastern China is already slowing, because for the first time in decade, the "key driver of the global economy, the U.S. consumer, seems to have finally thrown in the towel," says Xie. If that's true - if the American consumer's decade long, credit-driven party is really over - then soon enough they're not going to be the only ones suffering from a hangover...
...warning signs as the U.S., including an overvalued housing market. A worldwide slump would be a special concern in poorer countries, says Ngozi Okonjo-Iweala, a former finance minister of Nigeria who is now a managing director of the World Bank. Food prices there, she notes, are already being driven up in part by demand for biofuels, which is leading to the substitution of food crops by those that can produce fuel. If food stays expensive yet economies in Africa and elsewhere slow, there could be big trouble...
...news may not be over on Wall Street. On Tuesday, Bank of America announced that its fourth-quarter profit tumbled 95%, largely due to a $5.44 billion trading loss driven by write-downs of collateralized debt obligations, the often mortgage-related securities creating havoc on banks' balance sheets worldwide. Rumors circulated that the Bank of China would be the next to report big losses...
...Energy Summit, too much is yet to come, while the climate crisis bears down on us with greater urgency every day. Walking through the summit's exhibition hall, where companies from Spain to the U.S. to Japan hawk wind turbines and eco-cars and thin-film solar, a technologically-driven optimism battles with a fear that all humankind's best ideas, on display here, aren't moving fast enough to save...
...also worry about McCain’s stance on healthcare. He opposes any form of government-mandated or government-organized universal health care and supports tax exemptions for individuals and families to purchase health insurance. He thinks that by increasing competition among health insurance companies, prices can be driven down. While faith in the cogs of the free market is laudable, an issue as pressing as insuring the millions of uninsured Americans—and fixing our broken healthcare system—may require a bit more of a kick-start...