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...That's when a widespread banking crisis led to a credit crunch, an economic slump and eventually interest rates that were lowered to zero by the Bank of Japan. Even so, Japan's banks, which were in the process of repairing their balance sheets, were extremely reluctant to lend. Thus, even though interest rates were low, the economy weakened. Prices for pretty much everything declined, following a bust in the real-estate and stock markets in Japan. The country entered a decade of stagnation. (See pictures of the Top 10 scared traders...
...Thus, intervention must only come as a result of wise deliberations and careful considerations. As of Tuesday’s election, we remain optimistic that an Obama administration will be capable of maneuvering through and perhaps reforming the diplomatic maze that so often impedes humanitarian aid in similar situations. Obama’s multilateral and diplomatic policies will be much more effective at providing the aid sooner and more effectively than the Bush administration’s contentious deliberation style. Furthermore, an Obama administration will be more likely to view such massive and terrible displacements out of the context...
...Lions will also try to utilize their top receiving target, Austin Knowlin, whom Berry called “arguably the best receiver in our league.” Knowlin has been held to 70 yards or less in all seven games thus far and has not caught more than five passes in a game...
...Ryan has just faked a loud orgasm at a New York City deli. A waitress turns to an older woman, who remarks, "I'll have what she's having." Thus Estelle Reiner, mother of When Harry Met Sally director Rob Reiner and wife of The Dick Van Dyke Show creatoi Carl, entered Aim history with one of cinema's most famous lines. Reiner, who spent her early life as a visual artist, became a cabaret singer at 60 and took lessons with legendary acting coach Lee Strasberg...
...financial haven for wealthy individuals from less stable countries like Iran and Pakistan. What's more, Dubai's property sector is dominated by a handful of companies--collectively dubbed Dubai Inc.--that are directly or indirectly owned and controlled by the government. Some argue that Dubai's authorities could thus avert a bubble burst by keeping finished projects off-line until conditions improve. Also, in the event of a systemic threat, Dubai can probably rely on superrich Abu Dhabi for a bailout...