Word: vacuumers
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...political vacuum only compounds the financial crisis: While the government is no longer making any effort to defend the plummeting ruble and frenzied bankers go after dollars to protect their personal fortunes, Chernomyrdin looks set to simply ban trading in foreign currencies. The reinstated prime minister hopes to straddle the mutually exclusive demands of the Communists, whom he aims to bring into government, and the IMF, which he plans to hit up for more billions. "Chernomyrdin has given no sign of having a coherent policy to stop the meltdown in Moscow," says TIME Moscow bureau chief Paul Quinn-Judge...
...Russian markets is minimal, the country's woes hit Europe hard, and that comes home to America. Not to mention the chilling prospect of the crisis toppling Yeltsin's government and bringing to power a host of ex-Communists with itchy trigger fingers. It's not yet time to vacuum out the ol' fallout shelter -- but if you're looking for some kind of refuge from this economic Chernobyl, Baumohl recommends bonds. "Foreign markets are getting hit hard, and foreign investors are going to look at U.S. Treasury bonds as a safe place...
Billy Watson, the man they call Opie because he looks a little like the kid from Mayberry, was drenched with sweat one day in the Mueller lunchroom, where he made himself a sandwich of white bread and vacuum-packed ham he'd brought from home. On the job since he got out of high school 15 years ago, Watson connects the aboveground portion of hydrants to the belowground portion, pushing iron logs around with the help of an overhead crane...
...process might move faster if it was clear who was running Japan. But after a century of iron-fisted control over the economy, Japan's vaunted bureaucrats have been unseated by allegations of corruption and mismanagement. Politicians have moved into the power vacuum, but their strengths are in vote getting, not policymaking. A legislative committee is now in charge of shaping plans to reform Japan's banking system, for instance. But Japanese politicians do not have big budgets for experienced staff. Even if they could plead for help from the bureaucrats, that might not be wise. Consider the diplomat...
...which ones are damaged goods. And that's just how you ought to shop when there's a clearance sale in the stock market, like the one that knocked the Dow down 207 points last Monday. But there you have to inspect the goods especially closely. Stocks aren't vacuum cleaners; if they break when you get home, you can't take them back to your broker for a refund...