Word: dominoes
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...region's banks could collapse, especially if Western banks yank credit lines to eastern subsidiaries. Such a move would be counterproductive. Western banks, particularly in places such as Austria, Belgium and Sweden, have huge exposure to emerging Europe's economies. If banks there crash, it could trigger a financial domino effect that ends up hurting everybody...
...western European ones. It helped to drive the export boom of the past five years but left them more vulnerable to the crisis. Western banks have lent $1.6 trillion to Eastern Europe, but the crisis could see them pull back yank credit lines from their local subsidiaries, triggering a domino effect of collapsing financial institutions...
...response was overwhelmingly positive; Entertainment Weekly named it Best World Music Album of 2003. On Thursday, the artist performed songs mostly from her two latest albums, “Tres Cosas” and “Son,” released in the U.S. on UK-based label Domino records in 2004 and 2006, respectively. On “Son,” her most recent release, Molina takes inspiration from Argentina’s national bird, the hornero, integrating its playful and melodic calls as a motif in her compositions. But her interest in the acoustics of nature...
...dividend cuts move from company to company, more capital is taken out of the hands of consumers who already have barely enough cash to make ends meet. It is another one of the unforeseen domino effects of the growing economic turmoil. And, it is another hole for the stimulus package to fill...
...Back in November, the New York Post's Page Six, famous for having perhaps the least onerous factual requirements of any media organ outside cyberspace, reported that Vogue editor in chief Anna Wintour might be leaving. That set off a domino chain of reports that are still tipping over three months later. The New York Times weighed in at the turn of the year, opining that Vogue had become "stale and predictable" during Wintour's 20-year reign. Overseas, newspapers and magazines from England to Thailand picked up the tale. Somewhere it acquired the too-good-to-fact-check tidbit...