Word: move
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...Glenn Maguire, chief Asia-Pacific economist for Société Générale in Hong Kong, expects that Asia's central bankers will move towards looser policy to support their economies and head off any possible liquidity shock from the U.S. meltdown. "It's pretty clear that the tightening cycle in Asia is over," says Maguire. Tuesday's market tumble will likely convince policy makers "to be much more accommodating on policy immediately." That may be the only good news in a dark day for investors...
...worse comes to worse, the goal of regulators is going to be to move AIG policies to other insurance companies. That's worked in the past, but it's never been attempted with a firm of AIG's size...
...Although the move represents a professional and financial raise, Matory said that he did not want to leave Harvard...
...Office of International Programs was relocated over the summer from the basement of University Hall to temporary quarters on the fourth floor of 2 Arrow Street. According to a Faculty of Arts and Sciences press release yesterday, next fall the OIP will move to the fourth floor of the Holyoke Center into a space currently under renovation...
...Vinod Khosla’s Sun Microsystems and Sergey Brin’s Google. Astonishingly, Congress has actually reduced the number of special H1-B visas given to foreign workers, which allow American companies to import guest workers with highly specialized knowledge. As a result, many of these workers move to countries with more liberal immigration policies, like Canada and Australia. In these cases, America’s loss is another country’s gain.Low-skill immigrants are equally valuable to the American economy. Many work as farm laborers, hotel maids, construction workers, and gardeners, doing work that native...