Word: rge
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...able to get a tanker to park offshore somewhere with his oil for a very modest sum. "You were able to get a better price if you were willing to take possession of the actual commodity, but it's much riskier," says Rachel Ziemba, a senior research analyst at RGE Monitor...
...make the old recipes sing again, Alléno and Terroirs d'Avenir found the last producers of many of Ile-de-France's traditional vegetables, spices and meats: l'aspèrge d'Argenteuil, a sublime variety of violet-tipped asparagus, today produced by a single family; champignons de Paris, the mushrooms first grown in Paris catacombs (but today more often imported from China); Gâtinais saffron, once considered the world's finest; Mereville watercress; Pontoise cabbage; and Meaux-brie cheese...
...Pineda covers markets, monetary policy and Asia as an analyst for RGE Monitor...
...consensus anticipates, making the adverse scenario of the stress tests look mild. At this point in time, banks are still facing well over $1 trillion in losses over the next couple of years, even if low short-term interest rates make new loans very profitable. Moreover, according to RGE Monitor, real U.S. GDP growth will inch back into positive rates only toward the end of 2009 rather than at the beginning of the second half the year. That spells ongoing problems among borrowers...
...author is head of global research at RGE Monitor in New York City...