Word: markets
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...some of India's more fierce internal conflicts: "Forecasts have predicted that India's twin forces of a free market and a secular state will ensure uninterrupted growth and a steady move toward liberal economic ideas. But I have noticed that people outside the country often sound far surer about where we are headed than Indians themselves. In this, India is a bit like a Monet painting - from a distance, the picture seems clear. It presents an image of an increasingly liberal, outward looking country which is eager for the opportunities that are now within its grasp. But close...
...have relied on the judgment of private ratings agencies - thus giving the companies exalted status and immunizing them from competition that might otherwise keep them honest. It started with bank regulators in 1936, and over the years different parts of the government, overseeing everything from insurance companies to money market mutual funds, have turned to the ratings agencies for guidance. (Vote for the 2009 TIME 100 Finalists...
...fact, the SEC proposed a version of that in July. The agency suggested changing a number of its ratings-based regulations since the use of the NRSRO designation "may have encouraged investors to place undue reliance on the credit ratings issued by these entities." One example: money market mutual funds, which are currently only allowed to hold high-grade paper. High-grade - as defined by the ratings agencies. In comments responding to the proposed rule change, sellers of money market funds balked at the idea of not being able to use the ratings agencies' opinions...
...French are missing the point, says Val Smith, chairman of the International Wine and Spirit Record, a London-based market-research company. "It's a totally unnecessary fight," he says. "But it is symbolic of the lack of confidence that many French winemakers feel at the moment. They are struggling in the face of competition, and if there is anything they can do to make things difficult for New World wines, they will...
...governments are set to vote on the proposal at the end of April, and officials are scurrying to devise a compromise, probably involving a special label. If Paris can rally enough E.U. countries to its cause, then French winemakers may well win this particular battle. But with their global market share continuing to fall, they might have to look at other ways to win back consumers...