Word: fallouts
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...well as feeding 50 people a day, he has had to buy a new television on which to watch the election and a generator to power it, and to ensure that the entire family is turned out in best Kenyan finery. In addition, he finds himself dealing with the fallout from his brother's fame, as villagers stop him on the street and ask for money. "These people think I'm suddenly a millionaire," said Malik as he made yet another withdrawal from a local bank. "They all want a piece...
...liners, the challenges facing the general are no joke. As the NBA tips off its 2008-'09 regular season this week, Johnson will inherit a demoralized group of referees who have taken a public beating in the fallout from the Tim Donaghy scandal. In August of 2007, Donaghy, a veteran NBA official of 13 years, pleaded guilty to two felony charges related to gambling. He admitted to passing along inside information about referee-player relationships and the physical condition of players to gamblers in exchange for cash. He also copped to betting on basketball games himself, and was ultimately sentenced...
...Morgan, a psychologist whose practice centers on senior-level banking executives, recognized that burst of animal spirit as the "euphoria" phase; he knew it signaled darker emotional repercussions to come as the Masters of the Universe undergo the psychological fallout from the global economic downturn. As jarring as the market drops have been, he says, "the psychological shock has been every bit as great" for bankers who have lost their jobs at Lehman and other institutions...
After initially being slow to react to the spreading fallout from the U.S. financial system meltdown, Asian policymakers in recent days have been forced to adopt a more aggressive approach to shielding their economies from further damage...
...years, reflecting the rapidly increasing demand for office, commercial and industrial space, as well as for bigger homes, now considered within the range of India's prospering working classes. But the economic juggernaut began slowing earlier this year because of double-digit inflation and a severe liquidity crunch (a fallout from the U.S. subprime crisis). Now economic activity may shrink as part of a global slowdown. The country's growth estimates of 9% at the beginning of the year have been revised to well below 7%, and the effect is directly visible in the realty sector. "No one's buying...