Word: globalization
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...effects of declining commodity prices on the developing world: "Many LICs [low-income countries] rely disproportionately on revenue from commodity exports, the prices of which have declined sharply along with global demand ... During the second half of 2008, non-energy commodity prices plunged 38 percent, with most indices ending the year well below where they started...
...effects of a global economic slowdown on developing countries: "The slowdown in growth will likely deepen the degree of deprivation of the existing poor. In many LICs, large numbers of people are clustered just above the poverty line and are therefore particularly vulnerable to economic volatility and temporary slowdowns...
...pictures of the global financial crisis...
...China and Brazil will pay off better than keeping capital in U.S. equities. According to Reuters, Mohamed El-Erian, chief executive at Pimco, the world's biggest bond fund manager, said about China and Brazil, "The case for optimism comes from the fact that these countries entered today's global crisis with better initial conditions." (See pictures of the global financial crisis...
...pastor's partners at Reader's Digest aren't worried about readers being turned off by a Rick Warren overload. On the contrary, they're counting on his global appeal. "He's a powerhouse," says Alston in explaining the publisher's decision to take on the new title. "Nearly 50 million people read The Purpose Driven Life - that's nearly 20% of America!" The math added up for Reader's Digest, even as the company is preparing to either undergo financial restructuring or file for Chapter 11 bankruptcy. "If we touched just 1% of Evangelicals in America," Alston continues, "that...