Word: summited
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...professor Niall Ferguson, who was one of the two keynote speakers of the Global Business Summit, told the crowd of nearly 2,000 that the Business School has led the way in arming students with the outlook to be leaders...
...Bill Gates, the other keynote speaker of the summit, emphasized that American business leaders should use their innovative skills to better understand the plight of the indigent, including the state of American education and global health...
...leaders of euro-zone countries to accept collective rules to underwrite loans between banks and inject new capital into those facing serious trouble, hope is now rising that the situation in Europe may stabilize. Indeed, euro-group leaders used the most encouraging language they could muster as their summit broke up, underlining the fact that their objectives were as much psychological as financial in thrust...
...fillip of hope was exactly what leaders attending the euro group summit had hoped to inspire, but they were careful to note it was only a beginning. European Commission President José Manuel Barroso, for example, stressed the collective package "isn't of an immediate miracle", and many more trials and jittery nerves would have to be overcome before the nightmare of the past months would be over. Still, the mere framework of a strategy proved sufficient to calm the fear that that drove last week's panic-driven sell...
...fresh capital, governments are proposing a series of other measures designed to restore confidence in the banking system by guaranteeing deposits, jump-starting interbank lending, which has dried up, and promising that no European bank will fail. The measures were coordinated in principle at a European Union emergency summit meeting on Sunday and announced in detail by several national governments on Monday...