Word: zero
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...European insurer appears to be seriously at risk of failure, largely because of huge cash reserves that enable firms to meet required solvency levels with ease. Fortis, for example, has a j6 billion cushion and de Mey says that even if the value of its equity holdings drops to zero - a true disaster scenario - it would still have enough capital to satisfy legal minimum solvency requirements. Still, the industry can't afford complacency. "If the markets fall by 15% from here, one or two companies will have problems," says David Nisbet, insurance analyst at Merrill Lynch. "If they fall...
...sure politicians in the core countries don't face voter ire about unrestrained immigration. Ludek Zahradnícek, a Czech official in charge of selling enlargement, realizes his compatriots "take this as discrimination and it could be understood this way." His counterargument: "At least 25% subsidies are better than zero subsidies." But second-class status still rankles. And then there's a problem that frustrates the E.U.'s founders too: the remoteness and impenetrability of its institutions. Few E.U. detractors go so far as Uno Silberg, an Estonian who keeps a fanciful list of 22 reasons...
...Harvard Square at a brisk clip that would exhaust any normal person, he points out the various projects and buildings he’s backed over the last decade, from the center that bears his name at the Kennedy School of Government (KSG) to the empty parking lot at Zero Arrow St. that will soon be transformed into a 320-seat theater...
...West and East, suspect Harry of spying. His two girlfriends?Michiko, an enigmatic Japanese gamine, and Alice, the jaded wife of a British diplomat?are getting jealous of each other. Harry's archenemy, a psychotic, bisexual samurai, is stalking him with a sword. As the clock ticks down to zero, the action speeds up, blurring into a cherry-blossom-scented, sake-drenched fever dream...
...told our guys that we needed to take three turnovers and give away zero if we wanted to beat Lehigh,” said Harvard coach Tim Murphy. “That ‘zero’ part was almost correct...