Word: traded
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...September 25} when traders concluded that interest rates in the U.S. were going to stay low for a long time," says Mark Matthews, chief Asia strategist for Fox-Pitt Kelton Securities. Adds Olivier Desbarres, a currency strategist for Asia with Credit Suisse: "Hedge funds, pension funds, and the trading desks of investment banks are now all putting this trade...
...uranium-enrichment facility near the holy city of Qum, the U.S. began working international back channels to gauge support among its allies for a fresh round of sanctions against Tehran. While the U.S. and U.N. have sanctions in place against the Iranian finance sector as well as travel and trade restrictions, Secretary of State Hillary Clinton said the Obama Administration was investigating how to "broaden and deepen" the measures, while Defense Secretary Robert Gates noted the menu of potential punishments was a "pretty rich list to pick from" - including the suspension of investments in the Iranian oil and gas industries...
...helped trigger the 27-year-long Peloponnesian War, which ultimately stripped Athens of its empire. But the tactic caught on. Venice imposed sanctions against Bologna in 1270 in order to coerce them into buying their wheat instead of grain from Ravenna, and in subsequent centuries, the Hanseatic League tried trade bans against foreign adversaries like the Russian principality of Novgorod...
...flexible labor market, reforms of the social security system and urgent reforms of corporate tax." If Merkel decides to push through reforms, it's bound to put her on a collision course with opposition parties, like the Social Democrats and the ex-communist Left Party, and Germany's powerful trade unions. "There's a wall of political opposition and Germans aren't keen on reform," says Treier...
...which he grilled former Conte cronies about their role in cocaine-smuggling operations in Guinea - under Conte, the country had become a stopover for cocaine shipments from Latin America to Europe. But Camara's heavy-handed approach soon turned off most of the country's non-military politicians and trade-union members. Ordinary Guineans, who had once been enthralled by his vociferous television appearances, over the past few weeks started demanding a change of power in several anti-government demonstrations. About 60,000 people gathered at Conakry's airport earlier this month to greet opposition leader Cellou Dalein Diallo, expected...