Word: june
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...least benign, and that helped ease investor anxiety. Industrial production, reported Wednesday morning, is still declining, though the pace of decline is the slowest in eight months, adding another green shoot to the optimists' garden. A further boost to investor confidence came from just released minutes of the June meeting of the Federal Open Market Committee. The minutes revealed that most Fed officials believe the 18-month old recession is nearing...
Marking an Epoch Thank you for your special issue on 1989 [June 29 - July 6]. The memory of '89 is still within all of us, and sharply informs our current world. Whether they show the killings at Tiananmen Square or the fall of the Berlin Wall, the images of that momentous year reverberate to this day. TIME did a great job in reviving them. Nischal Poudyal, Kathmandu...
...execution of 13 men in Iran on July 14 highlights a central theme of the regime's response to the protests that followed the disputed result of the June 12 election. Those executed were not street protesters, but instead were accused by authorities in the southeastern Iranian province of Sistan-Baluchestan of being members of Jundallah - a Sunni Muslim terrorist group, which may have links to al-Qaeda and the Taliban. The group, composed mainly of Iranians of ethnic Baluchi origin and based in the Baluchistan province of neighboring Pakistan, has been charged with a string of attacks across Iran...
...global economic downturn has been a surge in lending. To keep struggling enterprises afloat, Beijing urged Chinese banks to open the credit floodgates - and bankers have done so. The People's Bank of China, the central bank, estimates that $224 billion in new loans were made in June alone, bringing the total for the first half of the year to $1.08 trillion - 50% more than the amount of loans Chinese banks issued in all of 2008. (Read "China's Banks Become the Government's Foot Soldiers...
...been directed mainly at large, state-owned companies. It has not been trickling down to the country's private small- and medium-size enterprises (SMEs), which continue to have difficulties securing loans, even though the global credit crisis has abated. The People's Daily newspaper reported in late June that SMEs have received less than 5% of the total volume of loans. That's not just a problem for private business owners. Because their firms do a better job of creating employment than state-owned enterprises, the credit crunch creates headaches for policymakers trying to limit unemployment during the economic...