Word: swaps
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Dates: during 2000-2009
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...Maybe the two countries should swap stimulus packages. Every economist worth his or her salt agrees that the global economy needs to be rebalanced so that the U.S. becomes a bit more like China (spend less, save and invest more) and China becomes a bit more like the U.S. (spending more, saving less...
...launched goswap.org whose 10,000 or so users are trying to swap not only real estate but yachts and motor homes too. Alice McLaughlin, a caregiver in Canaan, N.H., is close to inking a deal to swap her two-story log home for a place in Hawaii in which she could care for people who otherwise must be in a nursing home. "So far, this [site] has seemed like an easy way to get a win-win situation," she says...
...that reason, economist Touati says it's virtually impossible to make any credible market forecasts until investors and traders swap panicked reaction for their usual economic analysis and anticipation. When might that happen? Possibly sometime between spring and early summer, when the first signs of modestly positive economic data is expected...
...head of the former line is beleaguered giant Citigroup, which is currently negotiating with the Treasury Department to swap common stock in the company for some of the $45 billion in preferred stock that the government has purchased so far to shore up the bank's finances. The advantages for Citi are that it wouldn't have to pay dividends on the common stock, and certain capital ratios would improve. In return, the government would get more of an upside if Citi were to return to health, plus effective control of the company. Whether the government's stake would rise...
...there's more to the history of life than the branching of a tree. Every now and then, DNA moves between species. Viruses ferry genes from one host to another. Bacteria swap genes inside our bodies, evolving resistance to antibiotics in our own gut. Some 2 billion years ago, one of our single-celled ancestors took in an oxygen-consuming bacterium. That microbe became the thousands of tiny sacs found in each of our cells today, known as mitochondria, that let us breathe oxygen. When genes move this way, it's as if two branches of the tree of life...