Word: viciously
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...downward spiral that financial experts call deleveraging. Having accumulated debts beyond what's sustainable, households and financial institutions are being forced to reduce them. The pressure to do so results from a decline in the price of the assets they bought with the money they borrowed. It's a vicious feedback loop. When families and banks tip into bankruptcy, more assets get dumped on the market, driving prices down further and necessitating more deleveraging. This process now has so much momentum that even $700 billion in taxpayers' money may not suffice to stop...
...just worry about its counterparty, he adds, but about its "counterparty's counterparty." The European Central Bank, working together with the Federal Reserve and other central banks, has reacted by making hundreds of billions of dollars readily available to financial institutions, but so far that hasn't broken the vicious circle, and interbank lending remains gummed up. "It's like pushing on a string," says Maughan. He points out that banks are hoarding the money they can borrow overnight from central banks rather than using it to lend to others; as a result, "You're not really achieving anything...
...change to the published conference schedule, Cameron appeared on stage the next morning to pledge to work with his Labour opponents to expedite legislation enabling the Bank of England to rescue failing banks. He also promised further protections for bank customers and a concerted attempt to break the vicious cycle reducing banks' ability to lend. And he warned against the partisan rancor that derailed the U.S. bailout. "Let's not allow the political wrangling and point-scoring that we've seen in America to happen here in our own country," he said...
...whom had been insurgents paid by the U.S to switch sides - will be incorporated into the Iraqi security forces. The rest will be given civilian jobs or training in a bid to help reintegrate them into the general population. But it won't be that simple: after years of vicious sectarian violence, many Sunni Arab patrol members fear retribution from the government; and indeed, some government officials consider the SOIs as little more than thugs and murderers. And as is so often the case in Iraq, the U.S is being blamed - this time by Sunni allies, such as tribal leader...
...known factors for why diabetics have trouble controlling their weight is the types of medications they take," says Campos. "Diabetes is a consequence of being overweight, but [another complication] is having to take medications that add to weight gain. It's a double-edged sword, and a vicious cycle." The solution, he points out, may be to rely on newer anti-diabetes drugs, such as the DPP-IV inhibitors (like Januvia, the first to receive FDA approval), that can help patients keep their blood sugar and weight under control. "We can have even better results in controlling diabetes after gastric...