Word: exitement
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...stubborn and passionate, and she can pull off long, old-maid dresses better than anyone except perhaps a pregnant Heidi Klum. Dieckmann is wise to lend the character both autonomous ambitions and myriad whims; Eliza comes to represent every mother who has dreamt of driving right past the exit on the way home—except she’s bolder because she actually does...
...asset prices tanked, lending dried up and growth shriveled, governments and central banks were forced to take similar steps - pump up fiscal spending and slash interest rates to support growth and unfreeze financial markets. Now, as an economic recovery emerges, governments are hoping for another coordinated effort to exit from their massive stimulus plans, including near-zero interest rates. That intention was clearly laid out during the September G-20 summit in Pittsburgh, Pa. The leaders of the world's 20 most influential economies pledged to "withdraw our extraordinary policy support in a cooperative and coordinated...
...haphazard exit from stimulus measures, with countries going their separate ways, could pose its own set of problems. In this era of globalization what one government does in one corner of the world can have a knock-off effect on economies in another corner. For example, countries that raise interest rates ahead of others could end up attracting money from foreign investors seeking a higher return, potentially draining funds away from economies that are still badly in need of investment. Or if too many governments turn off the stimulus tap too quickly, global demand could fall sharply. "An unruly rush...
...Though governments are aware of the dangers of an uncoordinated exit, they prefer to keep their options open, since they must also address domestic political concerns. That means clearly defined time frames or targets for any exit could prove hard to achieve. The financial crisis "is affecting differently every country. Every country will have to define its exit strategy in its own time," Portugal's Finance Minister, Fernando Teixeira dos Santos, reportedly said at a conference of European Union ministers earlier this month in Sweden. "I don't think that we can have a precise, or a common, schedule...
...some economists believe that a coordinated global exit strategy, especially in regard to monetary policy, will ultimately happen, but by default. The Federal Reserve holds so much influence in the world economy that other central banks might be wary of deviating too far from its policy. "The nature of the coordination is not that bankers sit around a table and do things together," says the University of Leuven's De Grauwe. "The nature is that some of the big guys make a move and force everyone to move." In the global recovery, as in the downturn, everyone may sink...