Word: globe
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...businesses, there was money available to buy corporations or real estate or whatever an inspired dealmaker wanted to buy. It was safe too - or so Wall Street claimed - because investors worldwide were buying U.S. financial products, thus spreading risk around the globe...
...Besides having to comprehend and solve the mind-bending financial woes of some of the world's biggest companies, they are also briefing and seeking counsel from CEOs of the surviving companies, never mind President George W. Bush and the two presidential candidates, plus central bankers from around the globe...
...Where Do We Go from Here? There's no question that the crisis has gone so deep that it cannot be halted by one stroke. Banks and other financial companies around the globe are struggling to pull themselves out of this mess. Rebuilding will take time, vast amounts of money and constant attention. Sooner or later, the hundreds of billions (or trillions) of dollars that the Fed and other central bankers are throwing into the markets will stabilize things. Sooner or later, housing prices will stop falling because no financial trend continues forever...
From inside this world it's easy to be dazzled and forget for a moment that India's markets, like those around the globe, are in the throes of financial turmoil. But even here, worries are starting to surface. Mumbai is India's financial capital, but it's also the center of the country's booming fashion industry and contemporary-arts community. Those three worlds feed each other here, just as they do in London, Tokyo and New York. As the markets plunge - the main Mumbai index, the Sensex, is down 36% since January - many of Mumbai's wealthy financiers...
...well over a year too. Trans fats, typically found in foods like Oreos, doughnuts, and French fries, can no longer be used in food establishments in Boston. Nearly 6,000 restaurants are affected and face up to $1,000 in fines if they disobey, according to the Boston Globe. In an interview with The Crimson yesterday afternoon, State Senator Edward M. Augustus, Jr., a Worcester Democrat, praised the city-wide ban aimed at addressing a general public health concern. He said he supported the initial call for a state-wide prohibition but was “happy Boston moved ahead...