Word: forecasting
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...dollar in the last four months of 2008, as previously big-spending investors cashed in risky assets overseas and brought their earnings home. But that's changing. Japan's economy is in freefall. In its latest assessment of the global economy published March 19, the International Monetary Fund forecast the country's output shrinking by 5.8% this year, much more than in the U.S. or eurozone. With interest rates close to zero for months now, there's speculation Japan could intervene to weaken the yen in order to help stoke its all-important export sector...
...Iraq have been much improved since the war began. However, they cannot be simply transfered over to Afghanistan. IEDs in Afghanistan have been delivering bigger bangs (in a seven-month period in 2008, IED incidents increased from 50 to 154) and, says, Dean Lockwood of the think tank Forecast International, "while the up-armored Humvees have good protection, it is not enough for a large IED." Furthermore, the vehicles have to be lighter to do all the off-road patrols required in Afghanistan. Indeed, some military officers would sacrifice armor for mobility in Afghanistan because that kind of versatility...
...Ironically," the authors write, "84% [of the women] believed that simulation information would allow them to make a more accurate forecast about a future date with a different...
...champion of transparency in monetary policy, but he also recognizes that there are limits to what we know about the economic forecast and what that means to monetary policy." - then-New York Federal Reserve chief Tim Geithner, who now heads the U.S. Treasury Department. (BusinessWeek...
...unwinding. Deflation is evident in Beijing and Shanghai in particular, where real estate developers and brokers report prices will likely be down 15% to 20% this year. Prices in the once booming city of Shenzhen are down more than 18% from year-ago levels. Nationwide, according to a recent forecast by economists at the Chinese Academy of Social Sciences, housing prices in China may decline 10% to 15% this year, as the overall economy struggles amidst the global financial crisis. "Housing prices far surpassed the actual incomes of the general public" over the last five years says CASS economist Chen...