Word: fallouts
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...through the recession are hounded by tricky policy conundrums. After Chinese banks engaged in massive lending aimed at combating the global downturn, China's regulators warned in late November that they must meet mandated capital requirements or risk sanctions, a strong sign that Beijing is worrying over the possible fallout from its stimulus program. China also faces a tough choice on its currency regime. The government is under increased pressure from the U.S. and European Union to allow the yuan to appreciate, though policymakers remain nervous about the negative effect that could have on its struggling export sector. China...
...Read "Mumbai's Fallout: Will India's Government Survive...
...does business - and, as a result, avoid another global financial meltdown. In theory, the process could succeed. "We have points of agreement," says one top GOP staffer. But he adds: "The working groups may not work because the issues are much too complex." (See award-winning pictures of the fallout from the financial meltdown...
...Catholic priest in Italy and another Catholic priest in Tanzania, Brother Constant Goetschalckx, whose refugee education organization won the $1 million Opus Prize in 2007. The prize, the world's largest for faith-based entrepreneurship, is meant to "recognize unsung heroes" working to fight poverty. (See pictures of the fallout in Congo...
...original headline of the Nov. 23 news article "Fallout of UC Election Colored By Allegations of Misconduct, Internal Dissension, and Incriminating E-mails" incorrectly referred to e-mails sent alleging fraud in the UC election as "libelous." In fact, because libel is a legal standard that requires there to be a provably false statement of fact, the e-mails could not be deemed libelous...