Word: outlook
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...most vulnerable economy in the oil-rich gulf because of its exposure to real estate and debt. Nonetheless, Win Bischoff, who was Citi's chairman, said at the time of the financing, "This is in line with our commitment to the [U.A.E.] in general, and reflects our positive outlook on Dubai in general...
...Zuma says it was through stories of the Bhambatha rebellion, during which on June 10, 1906, the British imperial army massacred hundreds of Zulus in Mome Gorge, just below his home town, that he "came to understand and to be angry about colonial oppression." An old-fashioned, almost Victorian outlook remains. He may embrace polygamy - in a nation of millions of single mothers, Zuma calls it socially responsible - but the President disapproves of alcohol and television (both are "killing the nation," he told the teachers' conference in Durban), has boasted about how as a boy he used to "knock...
...homeowners should be eligible for permanent modifications by the end of the year, according to the Treasury Department, but some 20% of them haven't provided any of the documentation necessary to complete the process, and twice as many have parts of their paperwork missing. (Read "Q&A: The Outlook for Home Foreclosures...
...will take more than that to challenge Berlusconi. Italy's center-left opposition is in disarray, as usual, having just elected its second new leader in six months. And for most Italians fed Mediaset fare for 30 years, Berlusconi's cultural outlook runs deep. Midway through the ironing contest on Quelli Che ... , the would-be schedine look up from their ironing boards to watch a comedy clip, in which three fat, old women compete in a beauty contest. The audience laughs, as do the presenters and the schedine...
...holiday outlook report released on Monday by AlixPartners LP says 88% of consumers plan to spend the same or less on gifts this year than they did in 2008. The survey, which polled about 3,500 people nationwide in early November, found that 60% of consumers plan to spend less on gifts, and 55% say they'll wait for deep discount sales and specials before opening their pocketbooks. More than half say they plan to buy less-expensive merchandise than a year ago, and 52% say they'll give gifts to fewer people. "This is a fundamental shift," says Bryan...