Word: sectoral
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...regime will not necessarily make things worse. "The coup creates near-term uncertainty, no question," says emerging-markets expert Marc Faber, publisher of The Gloom, Boom & Doom Report. "Having said that, I don't think this will have a huge impact on the financial and manufacturing sector." In a reassuring move, the new administration tapped central-bank governor Pridiyathorn Devakula, a respected technocrat who helped extricate Thailand from the 1997 Asian financial crisis, as a top economic advisor. Pridiyathorn spent late last week trying to convince overseas investors that Thailand wouldn't retreat from the global economy or pursue...
...seen a systematic rolling back of many of the freedoms attained by Russians after the collapse of the Soviet Union. Russians have watched their legislature and judiciary become increasingly subordinate to the Kremlin, which also claimed the power to run the regions by directly appointing governors. The corporate sector, too, has been brought to heel, intimidated by the Kremlin's power to use tax laws and other means to keep them in line...
...career path early in life. One page of the Bain brochure states, “Bain will open doors for you,” followed by, “you can pursue your career goals—either in business or in endeavors in the arts, education or public sector.” The implication is that Bain’s associate position acts as a stepping-stone for ambitious students whose long-term goals may not lie in the business world...
More than any other sector, insurers need to separate the reality from the myths of global warming. "There is a growing body of expert opinion that our climate is changing. For Lloyd's of London, ignoring that was not an option," says Darragh Grey, senior manager of the 360 Risk Project at the storied high-risk underwriters and author of a new report on the insurance industry's failure to confront climate change...
...Supported by organized labor, Braley has campaigned on raising the minimum wage, fair trade issues, opposing Republican efforts to privatize Social Security and reforming the Medicare prescription drug program. Whalen has emphasized reducing wasteful government spending and government intrusion that hampers free enterprise. He also supports private sector solutions, a modified flat tax system to help small businesses and stimulate economic growth, "consumer-driven" health care reform, tort reform and permanent extension of federal income tax cuts...