Word: effecters
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...corporate profitability continues to plummet and the global economy worsens, stock-market analysts are waiting for a catalyst. Tsuyoshi Nomaguchi, strategist at Daiwa Securities in Tokyo, says Japan's stocks are not comparatively cheap but are in the "attractive zone," and once recovery measures in the U.S. take effect in the middle of 2009, Japan's stock prices will rise on anticipation of economic growth. "Japan is falling behind [other nations] in implementing political measures on the economy. Waiting for the recovery of the U.S. might be the only way for now," he says...
...catcher Mickey Kropf ’04-05 transferred to Vanderbilt, where he played for two seasons before returning to Cambridge. Both those transfers, however, occurred before the current moratorium took effect. —Jillian K. Kushner contributed to the reporting of this story...
...Laden, Osama • release by of audiotape containing references to current events is reminder of the utter failure of George W. Bush - after seven-plus years - to effect the capture or murder...
...first element will be giving money to state and local governments to offset their shortfalls and prevent them from raising taxes, slashing services and downsizing public employees. Just about every economist wants this aid approved yesterday because just as public dollars can have a big multiplier effect, public cuts that are imminent in New York, California and Florida can have a negative multiplier effect. "You can't let the safety net unravel just when people need it most," says Len Burman, director of the nonpartisan Tax Policy Center. "A lot of states have been terribly irresponsible, but this probably...
...stimulate everyone equally. In two years, if the recession is over, skeptics will claim it would have ended regardless of the stimulus. If it lingers, proponents will credit the stimulus for preventing a drearier outcome. As with the first round of the financial bailout, its most important short-term effect will probably be psychological, calming markets by sending a message of government engagement...