Word: shore
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Dates: during 2000-2009
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...impress the ladies isn’t an exclusively Homo sapien mating tactic. As it turns out, color plays a big role in interactions between the sexes. Males typically are more colorful in order to attract females, though in the case of the Red-necked Phalarope, an arctic shore bird, the color and gender roles are reversed. It’s the females who attract the males with their brilliant colors and leave after the arrival of their young—the males care for the offspring. For the wrasse fish, color is closely linked to gender, so much...
...some comfort on Oct. 15, when Hong Kong Chief Executive Donald Tsang is expected to detail the city's plan to deal with the economic crisis. Hong Kong's Monetary Authority has already said that it may use the city's $160 billion in foreign currency reserves to help shore up its financial sector...
...Business. To Kashyap and a number of economists, this has been the problem from the beginning, and any proposed solution that doesn't address the basic issue of recapitalizing banks won't succeed in the long run. Treasury has now come to the same conclusion: the best way to shore up both the banks' balance sheets and their confidence in lending (to each other, to businesses, to us) is to become an investor in them...
...definition of a market panic; it's more a psychological than a fiscal phenomenon, simultaneously anticipatory (you think something terrible will happen) and retrospective (you think you have waited too long to avert disaster). Swimmers being dragged to sea in a rip current often try to swim directly to shore--against the current--and end up exhausting themselves. Panic can kill...
...policymakers continue their search for a solution to the global financial crisis. According to a report in the New York Times, the U.S. Treasury Department is considering taking part ownership of U.S. banks, effectively guaranteeing the solvency of the country's financial system. Britain announced a similar plan to shore up shaky banks by helping them refinance debt in exchange for ownership stakes. That move toward partial nationalization of the banking system underscores just how deep - and how apparently uncontrollable - the financial panic has become. With few tools left to central bankers seeking to calm markets, investors are likely...