Word: stocked
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Dates: during 2000-2009
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...world economy is showing signs of recovery, stock markets are soaring and bankers are again awarding themselves big bonuses. But one year after the financial conflagration that devastated Wall Street and burned financial institutions around the globe, the main firefighters - central bankers, market regulators and government policymakers - continue to struggle with a central question: How do we prevent it from happening again...
...world leaders take stock in Pittsburgh, there'll be a plethora of issues on the table aimed at making the world's finances more stable, transparent and resilient. Here's TIME's guide to four of the initiatives deemed most important to this effort...
...Bangkok feels high and dry compared to Jakarta. This year, in January, when the rainfall is heaviest, the U.S. embassy in Jakarta advised its citizens to stock up on food and water, keep cell phones charged and gas tanks at least three-quarters full, and exercise caution when driving through "small rivers." It's the sort of travel advisory you'd expect for negotiating an untamed wilderness, not a city of more than 12 million souls. Damage from a deadly 2007 flood cost Jakarta half a billion dollars - ironically, roughly the same cost as an unfinished project designed to prevent...
...grossing documentary of all time, shifted his focus to the financial meltdown in Capitalism: A Love Story. Provocative and wildly ambitious, it expands beyond the housing and banking crises of the past year into an epic of malfeasance: capital crimes on a national scale. With enough corporate villains to stock a hundred melodramas, who is the hero? The writer-director-star himself. There he is, attempting to make a citizen's arrest of AIG executives and parking an armored truck in front of one bank to reclaim the billions it received in government largesse. Of course the film...
Mission accomplished--so far, at least. In the face of a financial shock probably worse than the stock-market crash of 1929, massive government intervention averted a second Great Depression. Yes, we still got the worst economic downturn the U.S. has seen since. But while there are surely lots of potholes and wrong turns ahead, the economy--both in the U.S. and worldwide--appears to be in the early stages of a rebound. We have decisions made by government officials to thank for that...