Word: economice
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Analyst Ed Najarian, who follows bank stocks at independent research firm ISI Group, says Wells will weather the current economic crisis better than its rivals, but that investors shouldn't take much comfort in that. "We think Wells' earnings may be lower than expected in the second half of this...
Still, no one is predicting railroads will put airlines out of business. Railteam, a ticketing consortium of seven leading high-speed rail operators, aims to boost the number of people who now use fast trains for international European travel each year from 15 million to 25 million by 2011. That...
To begin to understand the situation, the outside world should start by ignoring the standard cliché from the two governments that they are "as close as lips and teeth." Over the years, says Bruce Klingner, a senior analyst at Washington's Heritage Foundation and a former deputy chief for...
The tension in Beijing's North Korea policy stems mainly from the fact that China prefers North Korea to exist, even in its impoverished and infuriating current form, as opposed to what it sees as the other possibility: a unified Korean peninsula that at minimum slouches toward the U.S., if...
That effort will now at least go into abeyance, if only because Pyongyang clearly has no interest in accepting U.S. Secretary of State Hillary Clinton's invitation, issued this week, to return to the six-party talks. South Korean President Lee Myung Bak in Seoul flatly told President Obama earlier...