Word: markets
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Dates: during 2000-2009
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...Well, one reasons why farmers grow poppy is that it typically earns more than other licit crops. Anyone who has driven down Afghanistan's spine-crushing highways knows the challenges of growing fruits, gapes, oranges ... they would be completely bruised and destroyed by the time you get them to market, if you even...
...crisis might be ending. On July 15, the Dow Jones industrial average jumped 3.1%, and other banking giants are expected to issue their own similarly glowing reports. On July 16, JPMorgan announced that it had earned $2.7 billion in the second quarter. (Read "Despite the Economy's Struggles, Stock Market Soars...
...predicting that a CIT failure would cause as much havoc in the financial market as the bankruptcy of Lehman Brothers did last fall. CIT, which was founded 101 years ago, lends to hundreds of thousands of small businesses and also provides money to other firms, called factors, that help small businesses finance their day-to-day operations. In late 2008, the Treasury Department gave CIT $2.3 billion in federal assistance from TARP funds. But apparently, the Treasury Department's bar for bailouts has risen, and CIT isn't tall enough anymore. And while some bank stocks traded down on Thursday...
...refused to spell out in detail what it should look like. Meanwhile, White House chief of staff Rahm Emanuel has been talking up the possibility of setting up a public plan only as a fallback if the private-insurance industry fails to create a robust and competitive market for health coverage. "The goal is to have a means and a mechanism to keep the private insurers honest," Emanuel told the Wall Street Journal. "The goal is nonnegotiable; the path is" negotiable. (See the top 10 medical breakthroughs...
Since then, the U.S., which needs Venezuela's oil, and Venezuela, which needs the U.S. oil market, have been on the same page, much to the rest of the hemisphere's surprise. U.S. Secretary of State Hillary Clinton has brought Zelaya and Micheletti into talks mediated by Costa Rican President Oscar Arias in hopes of finding a peaceful way to let Zelaya, a close Chávez ally, serve out the last half-year of his term. The left-wing and usually anti-U.S. Chávez has encouraged President Obama's involvement and even his leadership in restoring...