Word: resultingly
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
This year, though, Schiff's TV bookings are down 75% to 85%, says his younger brother Andrew, who handles p.r. for him. About the only things written about him lately have been negative--the result of financial blogger Michael (Mish) Shedlock's pointing out that Schiff's investment recommendations were money losers in 2008. How could a bear have managed to lose money last year? Schiff was blindsided when global investors piled into dollars and U.S. government bonds during last fall's panic. But that rush to safety has already abated, and over longer periods, Schiff's decade-old strategy...
...recovery to last beyond the end of the year, China's crucial manufacturing and export sector must revive. Otherwise, Wood says, stimulus spending could result in a "skewed outcome": billions of dollars in loans made to artificially boost growth could start to go bad, dragging down China's banks; at the same time, the country would remain saddled with a glut of factories producing a vast surplus of goods no one wants...
...that coastal regions - marked by boomtowns such as Shanghai, Guangzhou, Xiamen and Tianjin as well as their hinterlands - have grown much faster than the country's interior provinces, which have always been poorer. For years the central government has tried various policies to lift western China, without much result. The infrastructure push gives Beijing another chance to address divisive and potentially explosive wealth gaps that have grown between east and west, rich and poor...
...outlines development plans that could pass for a battle strategy, with lines of attack - in this case, faster rail lines - spreading from Chongqing across the country. In response to the economic crisis, Beijing accelerated its schedule for improving the country's rail networks by five years. As a result, travel time for a train journey from Chongqing to Beijing is expected to fall from 25 hours to seven by 2015. That's just the start. Another runway will be added to Chongqing's airport, the electrical grid will be upgraded, $5.8 billion will be spent on improving public water supplies...
...Chongqing, signs of public-works programs are everywhere. A walk through the extensive stairways and underground markets that make up the city's downtown is interrupted by detours and periodic detonations, the result of work on a new light-rail system scheduled to be completed by 2011. "We still need at least 20 years to develop infrastructure to catch up with developed countries," says Shen. "For China, the infrastructure projects are not only temporary measures to get the country out of the downturn but an opportunity to prepare for the economy to take off in the future...