Word: outlooks
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...true to an eclectic outlook that has, since the late 1960s, featured everyone from Deep Purple (whose ubiquitous Smoke on the Water recounts the Montreux Casino catching fire during a Frank Zappa concert in December 1971) to Johnny Cash, this year's program once again ranges across all moods and styles. Jazz master Herbie Hancock will play with Chinese classical piano sensation Lang Lang; studio legends Steely Dan are on a double bill with a quintessential live act, the Dave Matthews Band; and New York City bassist Bill Laswell, purveyor of "collision music," is bringing along Japanese turntablist DJ Krush...
...chiefly China and India, appear to have passed through the worst of the downturn, analysts still doubt StanChart can repeat 2008's performance this year. Brokerage CLSA predicts pretax profit growth will slow to 4% in 2009. Reflecting the heightened risk, Standard & Poor's in late April revised its outlook for the bank to negative. "The biggest single worry is the economies in the region," says Nick Hill, bank credit analyst at Standard & Poor's in London. "We think they've taken measures to pull in their horns, but it is a bit of a stretch to say they...
Earlier this week, treasury secretary Tim Geithner sat down with TIME managing editor Rick Stengel at an economic summit hosted by Time Warner in New York City to discuss the outlook for the economy and President Obama's overhaul of the financial regulatory system. Later, the Secretary answered additional questions about the new financial rules and regulations. Some excerpts...
...grounds of Sacha Lodge (an ecotourism jungle lodge down the Napo River from Coca, Ecuador), signs of human occupation and exploitation do not blemish the horizon. Yet, even at this special refuge within the Amazon, Ecuador’s approaching crossroads looms, a shadow over its mostly optimistic outlook. On the motored canoe ride from Coca to the lodge, several major worksites reveal the presence of oil operations in the region; barges laden with trucks drift by. Oil has been instrumental in Ecuador’s expanding economy, but pursuit of petroleum increasingly puts at risk the country?...
...increasingly optimistic about 2010. Two-thirds of companies that have imposed hiring freezes expect to lift them next year, according to a new survey conducted by global HR consulting firm Watson Wyatt. "Things have started to stabilize," says Watson Wyatt executive Laura Sejen, summarizing HR survey responses. "The outlook is fairly promising...