Word: take
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Dates: during 2000-2009
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What might help us better use economic forecasts, then, is to more explicitly take into account the limits that come with any forecast. You wouldn't find an economist publishing a paper in a journal without margins of error around the data - and yet we routinely drop such nuance when we talk about economic variables in public conversation. "One of the things that gets lost is the fact that there are ways of trying to assess errors in forecasts," says Robert Eisenbeis, a former researcher at the Atlanta Fed who is now chief monetary economist at the money-management firm...
...dollars, a fair cost for three days work? The lesson that hits me at every turn in China returns: I really don’t know. Instead, glimpses from getting lost in bovine entrail-avenues, or in what was taught about equitable wages, collect into impressions that take the place of understanding...
...Rudd, a Mandarin speaker who once served as a diplomat in Beijing, has pushed for closer relations with China, Australia's biggest trading partner. Until now his government has avoided "megaphone diplomacy" in the Rio Tinto case, but pressure from the opposition has led Rudd to take a much tougher stand as Hu nears two weeks in detention. "A range of foreign governments and corporations will be watching this case with interest and be watching it very closely," Rudd said. "And they'll be drawing their own conclusions about how it is conducted." (Read "China Buys Australia On the Cheap...
...Andrew Barber, Asia strategist for Research Edge, an equity-research firm based in New Haven, Conn., believes Beijing's National Bureau of Statistics "well understands that there are doubts in the markets about the reliability of China's data. But unlike a year ago, they are actively trying to take baby steps toward more transparency." Government statisticians recently announced that they would work with the Organization for Economic Cooperation and Development to improve data quality...
...Moscow, Russian President Dimitri Medvedev responded swiftly to news of Estemirova's murder, in sharp contrast to the three-day silence from then President Putin that followed the killing of crusading journalist Anna Politkovskaya, a friend and colleague of Estemirova's. Medvedev expressed "indignation" and said the government would "take all necessary measures" to solve the crime. (Read "Murder, Russian-Style: Political Assassination...