Word: pricing
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...Vancouver, which will host the Winter Olympics in 2010, has already had its debt rating downgraded because its Olympic Village has turned into a money pit that could end up costing taxpayers as much as $1 billion. As for the total price tag for Vancouver's Games, estimates vary from $1.6 billion to $5.5 billion. (Read "In Hard Times, Olympic Plans Go On a Budget...
...Budget Office, which determines the cost of legislation, has told Pelosi that the Medicare-pegged rates would lead to $110 billion in savings over 10 years, while negotiated rates would save only about $25 billion. Pelosi, who is trying to whittle the House bill down from its $1.1 trillion price tag closer to the $900 billion that both Baucus and Obama are targeting, is hoping to use these CBO estimates to convince Democrats who oppose a public option to come on board...
...cents per gal. (about 10 cents per L) - a tiny fraction of what it costs in the U.S. or Europe. If the U.S. blocked imports of refined gas, Tehran could simply ease its subsidies while pointing to Washington as the cause of the pain. As Iranian ire and the price of a tank of gas rose, demand would...
...mitigate the risks, GEM will require higher disclosure levels from its companies and promises to intervene if prices rise or fall too steeply. It will order a 30-minute trading suspension if a newly listed company's share price changes by 20% from the IPO price, and then a second 30-minute timeout if the price moves by another 30% upon resumption...
...fine line to tread. China's army of retail investors - its citizens are said to have opened more than 100 million stock brokerage accounts - is driven by sentiment rather than fundamentals. They expect to make hefty gains from IPOs as a matter of course, and so capping price rises even temporarily may turn off many of them...