Word: economice
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Current Fed chairman Ben Bernanke has had to explain himself on Capitol Hill a lot more often than that. As Bernanke waited to give his semiannual Humphrey-Hawkins testimony before the House Financial Services Committee on the morning of July 21, Alabama Republican Spencer Bachus thanked him for his "willingness...
Ultimately, community-college administrators hope their schools will emerge stronger from the downturn as it highlights their potential for juicing the economy. "In some ways, the terrible nature of the economic recession will actually help people understand [community college]," says Kinslow. "People are going to be forced into looking at...
Now the question is whether the foreign community will be as forgiving. Over the past year, Indonesia has profited from the political uncertainty in regional neighbors Thailand and Malaysia, with foreign investors considering the once turbulent country as an alternative location to park their cash. Indonesia recorded 4.1% year-on...
The event was hosted by CastleAsia, an economic and political-risk consultancy headed by an American businessman who has lived in Indonesia for many years. Three Australians and a New Zealander who were attending the breakfast were killed, as was an Indonesian hotel employee. Several other foreigners from the same...
As investigators follow the terrorist trail, there are, at least, encouraging precedents for the country's economic prospects: the 2003 Marriott bombing didn't result in a major investment outflow, and Bali eventually recovered economically from its attacks, which killed more than 220 people on the island. Indonesians can only...