Word: effections
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...hotels and shopping, not purely on gambling." Citigroup expects the casinos to help push up visitor arrivals to 12.8 million by the end of 2011, roughly a third higher than where they stand today. Says Noel-Johnson, "The biggest winner will be the Singapore government because of the spillover effect on hotels and tourism." Even as the odds appear daunting for its casinos, like any prudent gambler, Singapore has carefully hedged its bets...
Over the past decade, researchers have increasingly focused on so-called antenatal depression (depression during pregnancy) and its effect not only on mothers but also on the development of the baby. In a new study published in the Feb. 5 issue of the journal Child Development, researchers found that children born to women who were depressed during pregnancy were four times as likely to be arrested for violent crimes by age 16 as children of nondepressed mothers. The study involved 120 randomly chosen women from South London, who were interviewed when they were pregnant and after they gave birth. Researchers...
...decision, as it turns out, was a no-brainer. In an emphatic message to the speculators around the world who are betting billions on the euro's downfall, the E.U. leaders pledged to rescue debt-plagued Greece to ensure the long-term viability of the single currency and, in effect, of the bloc itself...
...remains to be seen whether the strong message of support will have the intended effect. The euro rallied early in the day but then fell 0.9%, to below $1.36, as traders criticized the lack of details in the rescue package. E.U. officials insist that although the specifics still need to be worked out, the agreement should end the speculation against the euro...
...weeks, European leaders have dismissed talk of a bailout for debt-plagued Greece, saying the country could tackle its enormous budget problems on its own. Now, however, as fears of a default domino effect in Europe have shaken global confidence in the euro, the continent's major powers are changing their tune. Suddenly, the question is not, Will Greece need assistance? but, Who is going to help...