Word: forecasting
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...conditions in Houston will partially dictate the way the competitors sail, with the weather forecast calling for open water and winds. That is a change from the usual on the Charles, which has light and shifting winds. The sailors who best adapt to the different conditions will be the ones with the most conservative plans of attack and the most improvement over the course of the weekend...
...seem to decide if they need him more than he needs them or vice versa. In the meantime, nonperforming loans at the nation's banks have ballooned to between $420 billion and $1.05 trillion, the stock market flirts with 20-year lows and GDP growth is forecast to be no more than 0.2% for the fiscal year ending March...
...immediate fallout will not help her cause. Prior to the attack, the country's economy was growing modestly. Analysts now are cutting their forecasts. Chatib Basri sliced his 2003 GDP forecast from 4.4% to 3.7%. (The World Bank estimates that Indonesia needs at least 6% growth to create enough jobs for its burgeoning workforce.) Daniel Lian, an economist at investment house Morgan Stanley, says economic revival throughout Southeast Asia could be jeopardized if investors shun the region. As a result, he says, "Economies would be further marginalized and geopolitical risks raised in a vicious cycle...
...make plays to get the offense back on the field more regularly—if the defense plays the way it did on Saturday against the likes of Princeton and Penn (on the road, no less)—then I’ll be perfectly blunt: the forecast for another Ivy title will be about as cloudy as your typical October day in Cambridge...
...cratering stock market. "We've not seen such volatility in the history of the world," says Jozef de Mey, chief executive of the Fortis AG insurance subsidiary. Wait a minute - aren't insurers supposed to be the stodgiest, most conservative investors around? Even if they can't forecast the future, they are, after all, the companies that other people turn to for protection against risk. Like Fortis, the entire European insurance industry has got ill from the stock market bug it caught a decade ago - and everyone who owns European stocks is feeling their pain. When interest rates dropped...