Word: group
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...Take the Asian financial crisis of 1997. In South Korea, the biggest corporate failure - the collapse of the humungous Daewoo Group - happened two years after the onset of the crisis, when healthy economic growth had already returned. The crisis had undermined the fundamental willingness of a reformed banking sector and reform-minded government to continue backing the country's bloated and financially irresponsible companies. Daewoo's problems originated before the Asian crisis, but they only exploded after the crisis...
Marshall Cohen, chief retail analyst at NPD Group, sees the Black Friday glass as half-full rather than half-empty. "The fact that retailers were able to sell as much, if not more, product at a 40% discount, compared with last year's 75% storewide discount, was positive," says Cohen...
...that night, when the participants were fast asleep, the same odor was delivered to some of them. The following morning, each person played the same game, and the results were clear: the players who got the nighttime rose odor were significantly better at remembering the card pairs than the group who smelled nothing...
...think everyone is beginning to realize that we all had a part in the problem," says Monica Berger, executive director of Association Atit Ala, a community development group pushing for a government cleanup of the lake. "It's easy to ignore the problem until it starts to hurt tourism and the lake's image...
...time progressed, there was little sign of preparations for those elections. Then came the bloodshed at the stadium. And in October, the junta announced a massive deal with a group called the China Investment Fund (CIF), which promised to fund $7 to $9 billion worth of infrastructure projects in Guinea in exchange for bauxite and iron mining concessions. (Guinea has some of the world's largest bauxite deposits.) Idrissa Cherif, Camara's spokesman, says the first batch of Chinese money has now arrived and will be spent on "electricity, water, roads and the like." (See life on the Streets...