Word: problems
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...dwindling. Iraq expects to run a deficit this year of roughly $20 billion, which could be covered by the surplus funds. How the Iraqi government can continue to generate enough cash to fund itself going into 2010 is largely unclear to American and Iraqi officials looking at the problem now. (See how relative stability has helped bring new life into Iraq's streets...
...bills, printed on a peculiar plastic-like material in an unfamiliar size and adorned with never-before-seen designs, are meant to replace the old, ratty paper bills that cause germaphobes to collapse in conniptions every time they are handed change. The problem is the new bills were slipped into the economy without any public awareness campaign and minimal forewarning. A week after the plastic money was let loose on the economy, the Central Bank still hadn't updated its website to indicate that the new bills even existed. (See the top 10 public panics...
...unintentionally created a bizarre stimulus effect on Nicaragua's beleaguered economy. "As soon as I get one of the plastic bills, I try to pass it on right away to someone else," says shopkeeper Gloria Romero. (Read a story from TIME's Archive about America's counterfeit bill problem in the 1930s...
...problem in Nicaragua, according to Liberal Constitutional Party lawmaker Francisco Aguirre, is that most people don't know what the laws say, including the government. "In this country, we pass laws and we don't know what they say and we don't care," he says. "This is an outlaw country." Still, Aguirre predicts, the issue of the new currency and whether it's legal or not is a case of a "tempest in a teapot" - an issue that will fade away as soon as the inevitable next crisis comes around. (Read a story about Nicaragua's vampire problem...
...Fuel costs may have been a culprit, but the major problem the airline faces is that it sees no signs of improvement in the economy. BA's CEO said, "The prolonged nature of the global downturn makes this the harshest trading environment we have ever faced and, with no immediate improvement visible, market conditions remain challenging." (See pictures of Heathrow's Terminal...