Word: majors
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...Another major problem with proposals to buy up bad mortgages is to fix a value for them in a market where the price of houses is falling - buying them at face value could cost more than $1 trillion. And some observers believe that bailouts of individual homeowners will create an incentive for many more Americans to relieve pressure on their household budgets by stopping their own mortgage payments in order to get government help...
...using public funds to stabilize the financial sector following similar moves by the U.S. and Europe. Japan's national banks are considered to be in much better shape than counterparts in the West. But after the recent failures of Yamato Life Insurance Co., one of the country's major insurers, and New City Residence Investment Corp. a real estate investment trust (REIT), government officials are pushing to reactivate the law as a precautionary measure. "Huge storms are coming to Japan from abroad," says Masaaki Kanno, chief economist at JPMorgan Securities Japan. "It's not a bad idea...
...largely moved into tribal areas of Pakistan after the American invasion of Afghanistan in 2001. There, they trained virtually unimpeded until the Pakistani army began to intervene in 2004. Rashid said the United States’s lack of focus on rebuilding and stabilizing Afghanistan was a major reason the Taliban was able to regain power and gain new recruits. “How did we get here?” he asked. “In one word, Iraq.” The solution will not come from solely increasing U.S. military presence in Afghanistan, Rashid said. The remedy...
Despite having played at venues like Carnegie Hall in high school ensembles, Campbell also views his small self-orchestrated gigs as major accomplishments. “Even though I wouldn’t list playing at the Queen’s Head on my career resumé, I’m almost more proud of making my own opportunities...
...Under these challenging circumstances, and with a vast audience of voters tuning in, McCain will enter the debate hall for his last chance to shake up the race. In order to change the dynamic, McCain will have to produce a major memorable moment at the expense of his rival - by forcing an error, exposing a flaw or unattractive trait, or revealing an inconsistency or weakness - which would then be replayed incessantly on the airwaves, rapaciously dissected by the media and seized upon by the public...