Word: lowing
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...administration have pressed the central bank to take steps to contain deflation, prevent another downturn in the economy, and to tame the runaway yen, now at 86 yen to the dollar compared to 93 a year ago. On Nov. 27, the dollar fell to a 14-year low against the yen, triggering concerns that the currency could start to unravel progress that stimulus spending has made on the economy this year, in part by wreaking havoc on export competitiveness. (See the top 10 colorful spouses, including Miyuki Hatoyama...
...With demand so low, few firms will be willing to borrow which means the impact of another round of easing is likely to be limited. Masaaki Kanno, JPMorgan Securities chief economist in Tokyo, says, "The message from senior [Democratic Party of Japan] politicians is that they want the BOJ to implement quantitative easing. And this is the answer from the BOJ - reactive rather than proactive." Kanno says that the BOJ is making a kind of concession to the government and is probably reluctant to implement quantitative easing because it is not convinced that it will improve deflation, economic stagnation...
Currently on an eight game winless streak, Harvard (1-6-2, 1-5-2 ECAC) will need more than optimism to win tonight against Brown (1-7-1, 1-4-1 ECAC). The Crimson fell to a new low in its most recent match-up on Sunday when Harvard was outshot and outmatched by at Dartmouth team that was winless in the conference...
First, while it’s true that high-risk investments have increased the endowment exponentially, the story doesn’t end there. Many people strongly urge slow, low risk growth for educational institutions. Careful growth discourages $35 million salaries for investment-portfolio jockeys, helps restore balance between the liberal arts and the sciences, and minimizes steep budget fluctuations (leading to better departmental planning and reducing cuts). Most importantly, it controls the viral hunger for ever-larger returns on capital—a hunger that subverts the university’s critical search for a “veritas?...
...Tehran faced a dilemma. The award infuriated the country's hard-liners, but the regime privately acknowledged that it had also earned Ebadi the admiration of most Iranians. Reluctant to arrest or openly target such a popular figure, the government tolerated Ebadi's activities and limited itself to low-level harassment of her legal office...