Word: huge
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...Your issue was truly impressive in its global coverage, and the ideas it canvassed have not only great significance for humanity but huge economic potential. It should be distributed to all the world's secondary schools, for that is where the seeds of future action will be sown. Gordon Rabey, Wellington...
...firms that will be directly helped by the bailout is Goldman Sachs. Paulson, the man who is leading the bailout, is a former Goldman Sachs CEO, and mega-investor Warren Buffet, who called the bailout "the right thing" for Congress to do, had just bought a huge stake in Goldman Sachs. These are clear signs that the big money-men are likely to turn the bailout to their own profit. Banks and firms that bet on paper securities not backed by real assets should be left to die on their own swords. Sivaswamy Mohanakrishnan, Auckland...
...expects 110,000 jobs to be cut in London between this year and 2010 as the city's economy contracts - although if the credit crunch is protracted, it predicts that the number could rise to almost 150,000 next year alone. Real estate is already reeling. Plans for two huge new skyscrapers in the City have been shelved, and the price of prime residential houses in central London has dropped by 12% so far in 2008, according to realtors Savills, while sales volume is down by 50% in some areas like Clapham and Fulham. That's just the start. Vincent...
...fulcrum of finance in Europe," says Marc Lhermitte, a partner at Ernst & Young in Paris who specializes in foreign-investment issues. And even in the worst-case scenario of continued market turbulence and a deep recession, the London economy has one crutch that won't be knocked down: huge government spending on preparations for the 2012 Olympic Games...
...takes a lot of hard work, a lot of natural talent. I'm biased, but I think the Tour de France is the hardest sporting event in the world. It takes a huge amount of sacrifice to say, I think I want to do the hardest thing in the world...