Word: strengthened
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Dates: during 2000-2009
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...When President John F. Kennedy put McNamara in the Pentagon, he gave him two orders: strengthen civilian control of the military and make the nation's armed forces work better. McNamara, educated at the University of California, Berkeley and the Harvard Graduate School of Business, tilted power away from the uniformed Joint Chiefs, who had held sway during the Truman and Eisenhower administrations, and toward his own team of brainy young civilian experts. McNamara's "whiz kids" engaged in the kind of "qualitative analysis" he had used to turn Ford around and which he believed would lead to a better...
...risk could be reduced if U.S. consumer demand for Japanese products began to strengthen, or if the government introduced additional stimulus spending. Due to budget constraints, says Shirakawa, the latter is unlikely. Japan currently spends 4% of GDP, an unusually high ratio for a developed country, to service its burgeoning debt. But a pickup in consumption is possible, he says. The savings rate in the U.S. has increased in the past few months, and consumers may be feeling more confident that they can now spend a little more. That could provide some relief to Japan's battered export sector; Japanese...
...housing bubble began unraveling in 2007. Some risky borrowers - such as low-margin Asian exporters, which have been hit hard by the collapse of U.S. consumer spending - were asked to cough up more collateral when renegotiating loans, while other marginal customers were denied further credit. To strengthen the bank's financial position even more, Sands raised $2.7 billion in capital through a December share sale, raising the bank's key "tier one" capital ratio to 10.1%. (An 8% ratio is considered healthy.) Jaspal Singh Bindra, StanChart's Hong Kong - based CEO for Asia, says that previous downturns like...
...important, Sands has been beefing up the management ranks by hiring experienced bankers from troubled competitors. Since August 2007, StanChart has brought in about 100 senior executives from the likes of Bear Stearns, Lehman Brothers, Citigroup, UBS and others. "I think there are opportunities for us to significantly strengthen our franchise," says Sands. Analysts believe StanChart's nuts-and-bolts approach will continue to serve it well. "They are taking on less risk but making more money," says Daniel Tabbush, banking analyst with CLSA in Bangkok. Isn't that what banking is all about...
...power - was a reflection of the region's new upper- and middle-class fear. But the Honduran coup seems more troubling because it feels more archaic. And that gives Chávez and company even more political fuel for their rhetorical assaults on Washington, which they can use to strengthen not only their regional sway but also their domestic power, which currently faces serious challenges as their economies struggle...