Word: outlook
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Economists, of course, are famously dismal in outlook, but these questions were also on the table at this month's meeting of G-7 finance ministers in London, and for some, they have a historical echo. The two Americans on TIME's panel, Jeffrey Sachs, the director of Columbia University's Earth Institute, and Laura D'Andrea Tyson, a former national economic adviser to President Bill Clinton who is now dean of the London Business School, see eerie similarities with economic conditions of almost 20 years ago. As Ronald Reagan began his second term in 1985, the dollar was sliding...
...outlook appears relatively good for Europe too, despite the huge revaluation of the euro against the dollar, which Tyson, among others, last year warned would hamper economic growth. The Europeans have so far managed to keep their economy's recovery on track--slow, perhaps, but definitely better than a recession. How did that happen? The euro's rise, in theory, made European exports far less competitive. But until now that effect seems to have been mitigated by the overall increase in worldwide demand for goods. Exports from Germany, Europe's biggest economy, rose 10% last year, to a record...
...less and Harvard’s playoff outlook will take a decided turn for the worse...
...This cheery outlook doesn't reflect a national state of blissful ignorance. When ACNielsen asked Filipinos to evaluate their lives a few years ago, the respondents were clearheaded enough to give "fair" to "poor" ratings in areas like personal safety, economic well-being and general health?yet they went on to say they nonetheless considered themselves "very happy...
Coming off the devastating loss against Yale, the Crimson will need to show its resolve this weekend in order to prove yet again that this year’s team has a different outlook and a greater motivation than in the past...