Word: exits
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...Australia is so way Down Under that what happens there often seems far removed from the rest of the world. Not this time. The Aussies' aggressive tightening is seen as the start of the global exit from the unprecedented liquidity governments have injected into their financial systems to avert an economic depression. (See pictures of the global financial crisis...
...group of developed and developing economies that has taken over the G-8 industrialized countries as the decision maker in global economic affairs, agreed over the weekend to adopt a detailed timetable in order to coordinate the world's stimulus exit. The first steps are slated to be announced by the end of January next year. "If we put on the brakes too quickly we will weaken the economy and the financial system," warned U.S. Treasury Secretary Tim Geithner, "and the ultimate cost of the crisis will be greater." (See how to plan for retirement...
...walking out of the stadium, and the crowd is gathered at the exit, murmuring. Suddenly, a girl in tattered robes appears and says, ‘Do you really think, Sir Henry, that this is the proper way to win the tournament?’” Betsy kneels...
...fact, Obama still enjoys favorable approval ratings in both Virginia and New Jersey. And according to the exit polls, he wasn't much of a motivator for the relatively small number of voters who actually bothered to cast a ballot. In New Jersey, 60% said the President was not a factor in their decisions; among those who said he was, nearly as many were there to show their support (19%) as their opposition (20%) to Obama. In Virginia, the results were similar. Weighing far more heavily were concerns about the economy. (Read "What's Still Wrong with Wall Street...
...rowdy crowd, a frail stage, and miscommunication led to a short but memorable GirlTalk performance at last year’s Harvard-Yale pep rally. The event, which precedes the annual Harvard-Yale football game, was shut down by HUPD for safety reasons, and DJ GirlTalk was forced to exit the stage early as the crowd continued to push against the weak stage. It was the first time the College Events Board had brought in a big name artist for the pep rally, and it may well be the last. This year, CEB has wisely decided to return...