Word: minimall
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Dates: during 2000-2009
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Not that this phenomenon is limited to Europe. South Korean and Taiwanese banks got hammered on their respective stock exchanges last week because of fear - based, again, on a lack of knowledge - that they had bought a lot of paper tied to the subprime debt market. And in Hong Kong...
No wonder that last week, central banks - like a frazzled mother jamming a pacifier into a wailing infant's mouth - rushed in to try to calm the incipient panic, shoving $300 billion of fresh cash into the credit markets to make sure they didn't seize up entirely. (The Bank...
The factors cited in the report include accessible medical care for expectant mothers and newborns, small classroom sizes in schools, high adult-child ratios, minimal exposure to neurotoxins, and work-based income supplements for low-income parents.
Rarely does infrastructure fail as spectacularly as it did Wednesday, when plumes of smoke billowed as high as the 77-story Chrysler Building. Deterioration takes place slowly, and often, when something breaks down, the impact is minimal - for example, wisps of steam coming out of a city manhole due to...
The Chinese are believed to have issued the world's first paper currency around 600 A.D., and fourteen centuries later, cash remains king. Cars and houses are bought, and even salaries are often paid, with thick envelopes of bills. To date, banks have issued only slightly more than 50 million...