Word: moribundity
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...dollar didn't always enjoy the dubious honor of being the global currency a trader could most cheaply borrow. For much of the last decade Japan has been the world's largest moribund economy, with an economy so weak the Bank of Japan never dared to lift interest rates significantly above zero. During this time the Japanese yen was the currency traders loved. No longer, it seems. "The yen has become the least obvious carrying currency," says Credit Suisse's Desbarres, mainly because the near-zero interest rates Japan once exclusively offered are now available from central banks across...
...taxes paid by local businesses, developing new environmental technologies and creating jobs in health care and agriculture. Toshihiro Ihori, an economics professor at Tokyo University, adds that offering incentives to attract skilled foreign labor and multinational companies could produce more investment and boost domestic economic activity, helping to revitalize moribund commercial sectors that for too long have been sheltered from competition...
...hopes that the ruling coalition government would have the votes to push through key financial sector reforms and privatization. From May through Sept. 9, the Bombay Stock Exchange's benchmark Sensex index rose 42%, bouncing back from a 52% decline in 2008. As stocks revived, so did India's moribund IPO market. Since May, eight companies have raised about $2.5 billion in initial offerings; there was just one IPO in the first five months of 2009, according to Indian capital-markets tracker Prime Database...
...Israel groups concerned about his commitment to the Jewish state, then presidential candidate Barack Obama declared, "Jerusalem will remain the capital of Israel, and it must remain undivided." Those words, which he later qualified, may now be coming back to haunt the President as he seeks to restart the moribund Israeli-Palestinian peace process by getting Israel to freeze all construction outside its pre-1967 borders. Israeli Prime Minister Benjamin Netanyahu has drawn a line in the sand over Jerusalem, vehemently rejecting Washington's demand that he halt a construction project in the Arab eastern portion of the city that...
...stretch of road whose potholes can swallow a small car, and you'll come to Buchanan. When Joel Strickland, 47, first visited Liberia three years ago to scout for opportunities, he was a partner in a Toronto hedge fund. In Buchanan, Strickland was struck by the number of moribund rubber plantations. Untended during the war or destroyed by marauding militias, hundreds of thousands of acres of trees were standing idle. Even in productive plantations, old trees were being burned as waste...