Word: felling
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...portfolio of hedge funds and hence are considered safer. But since hedge funds are doing badly, so are funds of hedge funds, which appear to be headed for their worst year ever. On Nov. 6, shares in London-based Man Group, the world's largest publicly traded fund manager, fell 31% on news that its Man Global Strategies fund of funds had lost more than 20% of its value so far this year...
...keys to Coke's current strength is its sales growth overseas, particularly in Latin America and emerging markets. Its operating income in Latin America rose 30% in the third quarter, and sales are up 17% in China and 18% in India. Sales fell 2% in North America, while Pepsi's took a 4% drop. Sales of Coke's noncarbonated drinks flattened out last quarter, but Pepsi's sank 5%. (See pictures of the global financial crisis...
...exporters of valuable resources. The result: the country's share of euro-zone exports has slipped by a fifth since 2001, while housing investment grew to 14% of Ireland's economy by 2006, roughly three times the European average. When values and demand began to fall - house prices fell 10% in the year to August, while apartments at the Grange are now selling at a rate of just one or two a week - it left a gaping hole in Ireland's growth prospects...
...lack of humor in the oval office, McCain’s vice-presidential pick was a breath of fresh air. Indeed, Sarah Palin’s greatest contribution to the campaign was her evident willingness to take up the Bush comedy mantle. Her incoherent strings of folksy wisdom fell into the laps of impressionists and writers like a godsend. A President Palin would have been everything President Bush was and then some—pregnant teenagers with crazy names! Hunting mishaps! Negligible foreign policy experience! And when American voters said “no” to McCain, they destroyed...
...pretty hopeless romantic, so I always think it is going to happen to me. I do know a couple of people who met on the road and fell in love and lived happily ever after. Then again, I also know the two guys in my band who married women they met on the road and a few months later found themselves online researching "uncontested divorce...