Word: moring
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Dates: during 2000-2009
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People are often surprised by the amount of physical training racers do. What's your regimen? There's a very extensive training program. [NASCAR races] are four to five hours in length. The g-forces take a lot out of you. I lift weights four times a week, usually run...
That was made clear on Nov. 25 when the city-state of Dubai shocked the global investment community by asking creditors of its main corporate arm, ports-and-property conglomerate Dubai World, for a six-month payment standstill on its almost $60 billion of liabilities. The surprise hit stock markets...
The fact is that the world economy continues to be burdened by heavy baggage created during the boom times, problems that could take years to resolve. U.S. consumers are undergoing their own debt workout, one that might even worsen if joblessness continues to rise. Though defaults on credit cards in...
And on top of the old problems, new ones are appearing as well. Fears continue to mount that the loose monetary policies put in place by central banks worldwide are creating potentially destabilizing increases in property and stock prices. "Asset bubbles could be the next fragility as the world recovers...
"They charged in and bought the door busters, and when the door busters were out, it was over," says Howard Davidowitz, chairman of Davidowitz & Associates, a retail consulting and investment banking firm. "By 1 o'clock, there was no more Black Friday - it was over."