Word: outflow
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Dates: during 2000-2009
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...state. "Putin will have to follow through on his promise to end some of the unsettling actions that are driving capital flight and blocking investment," says Weafer. According to Russia's Central Bank, capital flight quadrupled last year as worried investors moved their assets offshore. Net capital outflow jumped from $1.9 billion in 2003 to $9.4 billion. If that trend continues, economic confidence in Russia could drastically erode...
Such a decline would mean that foreigners were pulling vast sums of cash out of the U.S. Since money from abroad has been helping to finance the huge budget deficit, the outflow of funds would drive up interest rates. Meanwhile, the Federal Reserve would be tempted to force borrowing costs still higher in order to encourage the foreign capital to return. The outcome of all those actions would probably be a painful and prolonged recession...
...average" folks John Edwards was talking about throughout the campaign: Mom and Dad both working, spending less time with their kids and falling behind economically. The Democrats address only the economic part of the equation. But most peoplerightlydo not believe that a President can do much to stem the outflow of manufacturing jobs. Universal health care seems a pipe dream too. Indeed, Kerry's offering a $1,000 reduction in health-care premiums and a $4,000 tuition tax credit while he also promised to cut the budget deficit sounded like political flimflam...
...John Edwards was talking about throughout the campaign: Mom and Dad both working, spending less time with their kids and falling behind economically. The Democrats address only the economic part of the equation. But most people-rightly-do not believe that a President can do much to stem the outflow of manufacturing jobs. Universal health care seems a pipe dream too. Indeed, Kerry's offering a $1,000 reduction in health-care premiums and a $4,000 tuition tax credit while he also promised to cut the budget deficit sounded like political flimflam...
...tough job at the best of times. But the country's new President, Susilo Bambang Yudhoyono, is taking over at a particularly difficult juncture. Terrorism is a constant threat. Among Asia's major developing economies, Indonesia's is growing the slowest. Recent years have witnessed a net outflow of foreign capital, frightened off not just by bomb blasts but corruption, red tape and a capricious legal system. The authorities have yet to resolve the stubborn separatist insurgency in the province of Aceh, and clashes between Muslims and Christians erupt periodically. When Yudhoyono, a 55-year-old ex-general, met with...