Word: offsetting
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...figures underline the importance of yesterday's U.S. intervention to boost the yen -- further devaluations in Asia would swell the already bloated deficit. Some relief may eventually come from Europe, however: "If Europe's economies keep bouncing back, their increased demand for U.S. exports will offset some of the losses in Asia," says Baumohl. Until then, it's going to be a rough ride...
Actually there is a glimmer of hope there. The uptick among young initiates has not offset the deaths of the old soldiers, but it is visible. New York's venerable Independent Royal Arch Lodge No. 2 boasts an average member age of about 50 and an unusual concentration of college-educated men. There are brokers, lawyers and journalists with interests running from martial arts to organ music to the Masonic references of James Joyce, explored in black tie over wine and cigars. Says John Chang, 39, a lawyer active in local Democratic politics: "Maybe now that my generation is getting...
Derivatives are a kind of nuclear financial instrument. They are powerful and highly complicated agreements designed to offset certain financial risks. Under steady conditions they work well. But in derivatives, like nuclear mishaps, there are no small accidents. And as the Asian economic crisis worsens--and in Indonesia's case nears catastrophe--the financial Geiger counters are beginning to buzz...
...course, no one is suggesting that you give up income just to qualify for a tax break. But more than ever it may make sense to defer income into 1999. Among other things, that might mean not selling any stocks for a gain that you can't offset with a loss. Under the new rules, a house sale could send your income soaring. If you are a doctor or lawyer, you can begin slowing your billing process later in the year...
...around $8 billion this fiscal year, which ends Sept. 30, rising to perhaps $140 billion in fiscal 2008. Reischauer cautions, however, that the projections assume that the White House and Congress can clamp a tight lid on nonmilitary spending. In recent years, continued rises in civilian outlays have been offset by plummeting defense expenditures, but that drop has left little more...