Word: outflows
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...last year, China and the North acted to reduce the outflow. The crackdown apparently began after 468 asylum seekers who had holed up in Vietnam were airlifted to Seoul. North Korea broke off talks with officials from the South, tightened its border controls and increased executions of those accused of people smuggling, according to NKNet, a Seoul-based NGO. China has also beefed up its border patrols, according to refugees. Last October, the Chinese government was operating half a dozen detention facilities inside military bases near the frontier and was repatriating up to 300 North Koreans every week, according...
...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...