Word: question
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...will make its decision on Oct. 2, after considering rival bids from Madrid, Tokyo and Rio de Janeiro (which is considered the front runner). But in light of the heavy financial burden that is associated with staging the Olympics, the question is: Would getting the Games really be a good thing for Chicago...
...trade in question is known as the "dollar carry trade" because it allows traders to borrow dollars at low rates while investing in another currency that offers a significantly higher short-term yield. One factor behind its growing popularity in Asia is because the other side of the trade - the currency one buys with the dollars one cheaply borrows - are mostly to be found in the Asia-Pacific region. Most coveted, according to traders, are the Australian dollar, the Indonesian rupiah, and even the infrequently circulated Sri Lankan rupee...
...prepayment. That means, at least on the books, the net effect of the prepayment for the FDIC fund will be nada. So even with the $45 billion coming to it, the FDIC will look broke, and probably stay that way until sometime in late 2012. And that raises the question as to how much a boost in confidence the prepayment plan will be to the banking system. "Does it really spook people that the FDIC has a negative number?" says Miller. "To the public, I think, it is less spooking than borrowing from the Treasury. That's why they...
...that means, at least in the minds of other countries in the Americas, taking a larger and more proactive part in helping solve New World political dysfunction like Honduras'. Lula and Obama are buddies and left-of-center soul mates, but when Obama said last month that those who question his resolve in Honduras were being hypocritical because they're "the same people who say that we're always intervening in Latin America," he was including Brazil, which has voiced its own concerns about U.S. efforts. "You can't have it both ways," Obama huffed...
...Germany does better, particularly in a crisis." Most commentators have interpreted that statement as a signal to the FDP that it's the CDU who will make the big decisions. Merkel says her top priority will be to create jobs and get the economy back on track. The question of how that's best done is likely to define the new government...