Word: current
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...light of the current environment, we have now decided to cancel this event.' WELLS FARGO, in a press release following Murray's statement, saying it had never planned to use bailout money for the trip...
Today, Russia's finances look a lot less robust. The government budget was based on oil at $70 per bbl., far above the current price, and it will consequently swing into deficit next year for the first time since 2001. The stock market has dropped more than 70% in the past year, as the nation's business élite have dumped stocks to repay the huge loans they had taken out to finance acquisitions in Russia and abroad. Capital is fleeing--investors have pulled about $245 billion out of Russia since August--and the ruble is under pressure...
...which Lyudinovo belongs, continues to draw in foreign investors, including automakers. Volkswagen has invested about $350 million in an assembly plant and is producing about 320 cars per day. Peugeot is not far behind. Dietmar Korzekwa, VW's group representative for Russia, says the automaker is continuing with its current growth plans. In part, VW is betting that if the Kremlin raises import taxes on autos, as it has suggested it might, it will become more advantageous to manufacture in Russia...
Unfortunately, the current plans contain few reforms, and there's just enough lard to provide grist for refuseniks. Criticism of the stimulus measure, along with the withdrawal of two Obama appointees who have had tax problems, has put the White House on the defensive. On Feb. 3, Obama summoned network-television anchors to Washington for prized Oval Office interviews and let it be known that he had hectored Democrats to strip pork out of the package; that sound bite was overshadowed by Obama's concession that he had "screwed up" in the Tom Daschle nomination. By the next...
...been a sensible push to add even more money for mass transit, which reduces energy use, increases the competitiveness of metropolitan areas and helps working families. Expanded unemployment benefits and food stamps will be excellent stimulus--and they're desperately needed right now. In general, most of the current proposals--though not all--aim to limit the new spending to the next two years...