Word: nervous
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...aren't insightful, and they share way too much. Facebook is a loose social network; a "friend" on Facebook might translate to someone you'd barely recognize in real life. I don't care that my college roommate's sister is anemic or that my stepcousin's boyfriend gets nervous around old people (apparently he's afraid they're going to die). (See the best social-networking applications...
...Kremlin tried to prop up the currency, but after blowing through tens of billions of dollars in September and October, it changed course in November and has since begun a policy of phased devaluation. That's calling up bad memories of the ruble's collapse in 1998 and prompting nervous talk around kitchen tables about what...
...16th century, discovering the pristine and aromatic criollo bean in Venezuela along the way. Until the 19th century, Venezuela produced solely criollo cacao, which satisfied more than half the world's demand for chocolate. But when an infestation came close to wiping out all the cacao in neighboring Trinidad, nervous Venezuelan farmers began crossing the criollo with a lesser but more resilient bean by about 1825. As a result, the criollo was all but lost. It didn't help that Venezuela began to focus on more lucrative resources such as coffee and, in the early 20th century, oil. Today...
...negotiate drug prices directly with drug companies, instead of through managed-care providers. What if the Federal Government reduced its Medicare reimbursements to drug companies who advertise to consumers? Or required them to help fund some kind of public health or education initiative? "The pharmaceutical companies are most nervous about a financial requirement for those who are doing DTC advertising," Bolling says. "It would have companies over a barrel. That's where it's really going to hurt." Things may be quiet on the drug front right now, but with a new Democratic President and Congress in place, Big Pharma...
...loan is 120 days past due. But for loans made through a firm's investment-banking division, the bank has to reduce the value of those debts according to what similar pools of loans are worth. This is known as mark-to-market accounting. And when investors grow increasingly nervous that borrowers will not pay back their debts, as they are now, the bonds on which those loans are based plummet in value, even before payments stop coming in. As a result, banks are watching their capital bases erode much faster than their executives ever expected - and probably faster than...