Word: risk
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...Although the rupiah could suddenly weaken against the dollar and shave off a significant chunk of a trader's profit, "If your carrying spread is wide enough, you'll comfortably take the currency risk," says Johanna Chua, chief economist with Citigroup in Asia. In fact, Chua says, the dollar carry trade has become so widespread among traders in Asia it has even triggered buying of more exotic and illiquid currencies like the Sri Lankan rupee. "That's the ultimate carry trade," Chua says...
...workplace noise levels generally consider it a safe level for extended exposure. But Grimes says some people's ears are more susceptible to damage than others, which makes it hard to set definitive standards. In general, the softer the volume - and the shorter the duration - the lower the risk of hearing loss...
...parallels extend even to New York’s financial system. Just as Bloomberg goes on a ferocious diet after seeing an unflattering photo of himself, Wall Street has almost completely abstained from giving out loans. Considering the way banks used to court risk-taking businesses clearly unable to repay them, this is a diet of the highest magnitude. Likewise, after getting tied up in highly leveraged purchases of their own homes, American consumers have been forced to get thriftier. History Professor Niall C.D. Ferguson has even warned that New York may go the way of Venice and become just...
...able to get flood insurance," says Jeff Woodward, the region's insurance-program specialist for FEMA. How much people have to pay for flood insurance - premiums vary from about $250 to $1,900 a year, Woodward says - depends on where they live in the floodplain and what risk level that area has, as determined by a complicated federal flood...
...entourage with high-frequency radiation. Micheletti, meanwhile, has gone over the top this week, expelling an Organization of American States (OAS) delegation and trying to shut down constitutional rights in Honduras. He even gave Lula until early next week to declare how long Brazil intends to harbor Zelaya or risk unspecified measures against the embassy. Lula shot back that Brazil won't "respond to an ultimatum from a government of coup mongers." But, says Michael Shifter, vice president of the Inter-American Dialogue in Washington, D.C., "Brazil is discovering what Obama's been up against there...