Word: seniorities
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...With demand so low, few firms will be willing to borrow which means the impact of another round of easing is likely to be limited. Masaaki Kanno, JPMorgan Securities chief economist in Tokyo, says, "The message from senior [Democratic Party of Japan] politicians is that they want the BOJ to implement quantitative easing. And this is the answer from the BOJ - reactive rather than proactive." Kanno says that the BOJ is making a kind of concession to the government and is probably reluctant to implement quantitative easing because it is not convinced that it will improve deflation, economic stagnation...
...them in a scrimmage, and it’s very early on to call, but they do play a fast and physical game, and we have to combat that,” senior forward Doug Rogers said. “Our five-man effort in the D zone has to be better, and we have to make better decisions with the puck. We should be successful against Brown...
Chenoweth has set the bar high for his teammates and himself and is already looking forward to his senior-year season...
...Council. It is also encouraging even tougher measures among like-minded allies - the European Union may adopt new penalties in mid-December. And the U.S. Congress is moving closer to passing new sanctions legislation. "We hope Iran will see the IAEA vote as disturbing" and will change course, a senior Administration official says. But for now, he adds, "We are now working to see what sanctions might be put in place." (See pictures of the world's worst nuclear disasters...
...bills could pass before the end of the year, and they are sufficiently tough to raise concern in the Administration that they could close off all chances for diplomacy. "The problem with congressional measures is you can't turn them on and off as you like," says the senior Administration official. "We've been having ongoing discussions with the Hill," to tailor the bills and slow them up, the official says...