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...economist for Banque Saudi Fransi in Riyadh and Crédit Agricole in Paris. "The world has always been too focused on Dubai, but Dubai is not the GCC," he says, referring to the Gulf Cooperation Council, a loose political and economic union of gulf nations. "In the short term, Dubai's problems may impact how the world sees the region. But over the long term, the region has and will show a tremendous amount of growth...
...Corporate Classroom Like many of the buzziest concepts in education today, turnaround is a term cribbed from the corporate world. Many a failing company has been transformed by new leadership or some sort of reorganization. An education consultancy published a report last year that pointed to Continental Airlines and the New York City Police Department as entities that in the mid-1990s were able to effect "rapid U-turns from the brink of doom to stellar success." (Hence Domino's Pizza's new ad campaign, the Pizza Turnaround, which highlights its efforts to make its core product taste less like...
...still ask for money under that first set of bailouts in 2008? -Mulkah Ade, London We brought nine big banks into Treasury and asked them to all take capital [voluntarily]. That made it easier for many other banks to do so. In a crisis, we have what some people term the tallest-midget syndrome. Bankers don't want to be perceived as being weak, so they say, "I'm healthy, I'm strong, I don't need it" - right up until they...
...historic figure on account of his race, Obama would emulate FDR by raising first a nation's spirits and then its economic indexes. By restoring the tarnished luster of democratic capitalism, the new President would restore to government a credibility undermined by decades of official mendacity and incompetence. Long-term solutions would supplant the politics of avoidance...
After a unanimous vote at the Cambridge City Council meeting tonight, the Cambridge City Council has finally elected David P. Maher as its mayor for the 2010-2011 term...