Word: trades
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Dates: during 2010-2019
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Back in 2006, Lawrence McDonald, a former Lehman Brothers bond trader, remembers, he asked an intern what he was doing during the winter break at the now bankrupt investment bank. The intern, who was a junior in college, said he was trading derivatives for the firm. Surprised, McDonald asked the intern the size of his pad - Wall Street-speak for how much of the firm's money he was able to trade - figuring it couldn't be much. The intern's response: $150 million...
China has long used pandas as a friendly gesture in diplomacy, and they may be China's most compelling ambassadors as the country clashes with the U.S. on many issues, including trade, human rights and Internet security...
...opposition party with cutting humor and offers of compromise. In the State of the Union, he had offered an olive branch to the Republicans - a new commitment to budget balancing (including a bipartisan commission to reduce the deficit that Republicans had been clamoring for), a new emphasis on free trade, a total reversal of his party's traditional positions on nuclear power and offshore drilling. In Baltimore, Obama reminded the Republicans that his $787 billion stimulus package had comprised elements they'd normally support - a $288 billion middle-class tax cut, $275 billion to bail out financially strapped states...
...over Taiwan (as Beijing has threatened) would simply mean China buying more from European competitors. As satisfying to Chinese jingoists as talk of future military action against Taiwan may be, the flow of Taiwan investment into China is crucial to the mainland's economic health. As, of course, is trade between China and the U.S., which also have a body of water between them and economies growing ever closer...
...statement on Wednesday, Zuma said it was "mischievous to argue that" by his actions "I have changed or undermined the government's stance on the HIV and AIDS campaign. I will not compromise on the campaign. Rather, we will intensify our efforts." (Read "South Africa's New Slave Trade and the Campaign to Stop...