Word: feds
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Tibetan resentment against Chinese rule has been fueled by religious restrictions and competition for resources with migrants from the Han Chinese majority. Similar grievances fed ethnic rioting this year in the neighboring heavily Muslim region of Xinjiang that left nearly 200 dead...
...will be less robust than desired," William Dudley, president of the Federal Reserve Bank of New York, said in an early October speech. "This means that the economy has significant excess slack and implies that we face meaningful downside risks to inflation over the next year or two." The Fed's key interest-rate target, he added, "is likely to remain exceptionally low for 'an extended period...
...central bank could raise interest rates in the coming months to cool a roaring housing market. Frederic Neumann, an economist at HSBC in Hong Kong, says Asian central bankers might need to hike rates by four percentage points over the next year - much more than is expected from the Fed - in order to quash inflation and asset bubbles. "This is the real test for Asia: the region's central banks have to hike earlier and far more aggressively than the Federal Reserve," Neumann says...
...Jersey Governor Jon Corzine could really use some of what President Barack Obama has - not just the charisma, but also the credibility, the aura of a leader who can shake up politics as usual. If one thing is clear in New Jersey, it's that voters are fed up with the status...
...Arabia's western allies have been pushing it to reform its social and political arrangements since the attacks of September 11, 2001. Fifteen of the 19 hijackers on 9/11 came from Saudi Arabia, where a conservative version of Islam, high unemployment, limited democratic rights and archaic attitudes to women fed a mood of unchecked radicalism among some young men. Last February, Abdullah announced a sweeping reshuffle of posts in government to remove some of the more old-style figures, including a top judge who once ruled it would be legal to kill the owners of a television station that broadcast...