Word: impacts
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Jeremy Siegel, professor of finance at the Wharton School of the University of Pennsylvania, says the Fed's actions this week - effectively lending a trillion dollars into the financial system - may have a more dramatic immediate impact. "Given what the Fed is doing now, I wonder if we even need the $700 billion,"Siegel says. If the Fed and Treasury steps turn out to be effective, the market could turn the corner sharply. The most dramatic growth in U.S. stock market history took place between 1932 and 1933, out of the depths of the depression...
...dominating the news, and the government willing to virtually bankrupt itself to bail out the financial sector, it could be hard to push the climate change agenda - and possibly hard to find any money left to support it. "If this crisis consumes all of our attention, it might definitely impact the speed at which [global warming] legislation could be passed," says Wiley Barbour, the founder of the American Carbon Registry. (Listen to Barbour talk about the effect that the financial crisis will have on global warming action on this week's Greencast...
...reason to believe the title is within its grasp, as the squad boasts a potent balance of seasoned veterans and talented rookies. With the introduction of six new freshmen, the first-year competitors are the most represented of any class on the squad, and have already made a noticeable impact...
...countries have “decoupled” from the global economy in the past 20 years. Their prosperity now depends much more on the situation of countries like them, not on the global market as a whole. Business cycles in the last two decades tended to have an impact on groups of countries but not on the entire world...
...percent of revenue stream and not have to reduce state aid to local cities and towns,” said Cambridge Budget Director David J. Kale. State senator Anthony D. Galluccio, a former Cambridge city councillor, expressed similar concerns. “The initiative would have a dramatic impact on local services,” said Galluccio. “If the city gets far less local aid, they will have to make cuts, and they will not want to have the entire impact be on local residential property taxes. Trash collection fees, snow removal, street cleaning, public safety, fire...