Word: stockely
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...Afghanistan - why would we want more of the same misery from "McPalin"? Palin is so extreme in her views that she may as well be a mullah in a dress. Her utter lack of political nous and international knowledge is shameful. This country will be the world's laughing stock if this sort of Republican ticket makes it to the Oval Office. McCain picking Palin is a big insult to the electorate and to intelligent women everywhere. The first criterion to gauge a candidate's readiness for the presidency is his judgment. And McCain has failed this test pretty badly...
...Shanghai has always prospered as China's gateway to the world. While Beijing may boast millenniums of history, Shanghai owes its prominence to having served as a key trading port for colonial powers. As China accelerated market reforms in the 1990s, the country's first stock exchange was established in Shanghai, and much of the foreign direct investment that flows into China comes through here. Fashion houses, banks and law firms gravitate first to Shanghai, not Beijing. Still, the past couple of years have not been kind to the city. A cancerous corruption scandal, uncovered by the overlords in Beijing...
...million as a steal. MUFG, too, was already looking beyond Japan for growth. In August, it paid $3.5 billion to buy the remaining 35% of Union Bank of California that it didn't already own. Union Bank of California has a relatively healthy balance sheet and its stock is undervalued, analysts...
...slammed the U.S. economic system as "savage capitalism," and many a right-wing Gaullist has been prone to agree: in 2005 then French President famously said that "ultra-liberalism" - French parlance for the unbridled marketplace - is "as disastrous as communism." For decades, any episode of turbulence in the U.S. stock market or speculative finance sector was bound to provoke scorn across France's political spectrum. Detractors disparaged the U.S. economic model for rewarding short-sighted greed with indecent executive compensation, for its myopic focus on share price rather than wider-view company performance, and for its recurrent bubbles and busts...
...while France is hardly protected from the downturn - the Paris CAC 40 stock index dropped 2.3% Monday after the French government nearly halved its 2009 growth estimates to 1% - at least one factor might limit the damage to a degree. In the course of the last 15 years, which saw a boom in France's real estate values, no lender would grant credit to an applicant with more than a 33% debt-to-income level. French banks have also always favored fixed-rate mortgages over more enticing but perilous variable-rate loans. The French real estate market is slowing...