Word: interestingly
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...suggest since macroeconomic conditions are bound to be worse than the consensus anticipates, making the adverse scenario of the stress tests look mild. At this point in time, banks are still facing well over $1 trillion in losses over the next couple of years, even if low short-term interest rates make new loans very profitable. Moreover, according to RGE Monitor, real U.S. GDP growth will inch back into positive rates only toward the end of 2009 rather than at the beginning of the second half the year. That spells ongoing problems among borrowers...
...that the less market-oriented solution might ultimately be the most efficient and market friendly. Taking over troubled financial institutions for a short period of time and separating the bad part of their business from the good part of their business - cleaning them up - will likely arouse investors' interest and reduce uncertainty enough to attract capital...
...now something that I do once a week or once every couple of weeks," he said. James sends the link to the videos over the Leverett email list, and he said he thinks that the videos have helped increase interest...
...unity government committed to fighting the Taliban. But like Zardari and his late wife, the slain former Prime Minister Benazir Bhutto, Sharif has a poor track record in power, and is viewed by the military as part of the same venal political class motivated primarily by self-interest. The conservative Sharif, who has previously criticized Pakistan's efforts on behalf of the U.S. war on terror - and was deemed by the U.S. to be soft on the Taliban - may indeed have more support in Pakistan right now, and also from the likes of Saudi Arabia, but it's hard...
Israel: Little Help from Bibi President Obama believes it is critical to wider U.S. interests across the Middle East to urgently implement a two-state solution to the Israeli-Palestinian conflict. Indeed, he believes it is vital to Israel's own interest, even as the clock runs out on the viability of such a solution. However, Israel's new prime minister, Benjamin Netanyahu, sees things differently. Netanyahu has until now resisted the idea of an independent Palestinian state, arguing that the Palestinians should enjoy self-governance but without full sovereignty, because that would put Israel at risk. Anyway, he argues...