Word: supporter
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...dollar has also been supported recently by the deleveraging taking place within the U.S. financial system. Desperate for cash, U.S. financial institutions have been liquidating foreign assets and repatriating the funds, pushing up the value of the dollar. As that process plays out, a key support of the dollar's value could be removed. Currency markets are clearly jittery. In late March, U.S. Treasury Secretary Timothy Geithner sent the dollar tumbling when he said he was "actually quite open" to China's proposal for a greater role for SDRs. The dollar lost 1.3% against the euro within 10 minutes...
...recession is the longest since WWII and continues for another year, one of its most frightening characteristics is that the number of people whose jobless benefits run out is going to be large and will almost certainly grow substantially beginning relatively soon. This means that even though giving financial support to the unemployed may be an unbelievable expense, it may actually cost more to remove their government safety net and in some cases allow them to become indigent...
...Vroman, an economist at the Urban Institute, estimates that up to 700,000 people could exhaust their extended benefits by the second half of this year. Since net job losses could continue well into 2010, and unemployment is likely to top 10%, the figures for people receiving no financial support at all could move well above one million before the end of the year and actually increase after that. (See pictures of the global financial crisis...
...there is any such thing as a typical recession, it usually runs a one year cycle. By the time most people are about to run out of support from the government, the economy begins to create jobs. It is already clear that is not what will happen this year or next. (See the 25 people to blame for the financial crisis...
...During his stay, Obama is expected to seek Turkish support for his Afghanistan and Pakistan plans, a cornerstone of his foreign policy. Turkey currently maintains about 900 soldiers in Afghanistan as part of the NATO contingent there, and, as the only Muslim country involved, its presence is crucial to securing support on the ground. Obama is expected to push for an increase in Turkish forces and to ask for Ankara's help in facilitating a smooth withdrawal from Iraq...