Word: short-term
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...step up monetary easing by injecting 10 trillion yen (about $115 billion) into Japan's financial system. Shirakawa told reporters that these steps could be considered "quantitative easing in a broad sense." The eight-member policy board also unanimously voted to maintain the Bank of Japan's key short-term interest rate at 0.1%. Doubts, however, remain about what the boost to liquidity will actually achieve...
...Khamenei, meanwhile, is said to reject improving relations with the United States as anathema to essence of the Islamic Revolution. At the same time, analysts say he was initially more open to a compromise on a short-term deal...
Nuni said that by February the SCCF needs to raise “a few hundred thousand dollars more in pledges” for its short-term needs. These include developing fiscal legitimacy and paying for a staff of advisers and lawyers from the real estate law firm Goulston & Storrs, many of whom are currently working pro bono...
...little over a year ago, the credit crisis caused the municipal-bond market to grind to a halt. Shell-shocked investors pulled back from even munis, which are normally considered a relatively safe bet. Bond yields soared. Local governments were forced to delay raising money. And auctions of short-term variable-rate muni securities failed. (Read "Five Painless Ways to Cut Expenses...
...Andrea Moltrasio, head of European affairs at Confindustria, the Italian employers' association. "No longer is Europe divided into the politics of left and right, but between populist and reformist. What we need most of all is realism." Begg agrees and warns against the risk of pursuing bad policy for short-term electoral advantages. But, he adds, "the huge ideological disputes of the '70s and '80s are simply not on the agenda. Mitterand vs. Thatcher, talk of renationanlizing industry - that's gone. Instead, the debate will ultimately be around the details." Begg says how, and how fast, specific reforms should...