Word: gabrielic
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...That's how the Foreign Press Association member do things. For its Best Original Song - Motion Picture slot, they rounded up five folks not primarily associated with movie songwriting: Clint Eastwood, Miley Cyrus, Beyoncé, Peter Gabriel and Bruce Springsteen. Critics in other groups may scratch their heads at the inclusion of this category, and especially of this year's honorees. The HFPA just sees it as another way to put famous fannies. The real critics groups have the freedom to honor their preferred films, whether hits or cult items; but the Globers have a sterner agenda. What matters...
...postponement of the Sands' Cotai Strip project may not be end of the bad news, according to Gabriel Chan, a Credit Suisse gaming analyst in Hong Kong. While operators are still making profits, the Sands isn't the only one that may have difficulty finding cash to finance its newest developments. Chan says the Galaxy Entertainment Group, which is building the Cotai Mega Resorts in Macau, is also likely to run into trouble. Any additional job cuts will further kindle discontent among blue-collar Macanese workers, who have long complained about losing construction jobs to less expensive mainland workers...
...fear stems in part from sliding consumer confidence, which this week hit its lowest point ever recorded. "Consumers have been impacted by a serious downturn in every form of wealth and income that supports consumer spending, and battered by high levels of volatility in their stock accounts," says Stuart Gabriel, professor of finance at UCLA's Anderson School of Management. The diminished value of stocks, falling home prices and fears about potential unemployment combine to create a negative "wealth effect," making consumers feel poorer. As a result, they spend less. Robert Hansen, professor of business administration at Dartmouth's Tuck...
...years ago, a Czech author may have reported a Western spy to the local authorities. The man, whose reputation is in shambles after a report released last week, is Milan Kundera who, according to a 1985 New York Times article, did for Eastern Europe “what Gabriel Garcia Marquez did for Latin America in the 1960’s and Alexander Solzhenitsyn did for Russia in the 1970?...
...course it is - it's like giving an alcoholic more booze," says Gabriel Stein, director of Lombard Street Research in London, noting that while the degree of debt varies by nation, it's become a troubling factor for households and companies throughout the developed world. "Banks are being told to lend money to people who have already surpassed their borrowing capacity - and being told to do so under the same terms applied during the credit boom. It's not a good idea." But so far, no one seems to have come up with a better...