Word: monday
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...Korea's GDP - will "go a long way toward stabilizing the jittery financial markets in Korea." Fitch Ratings added that "these measures will ensure sufficient U.S. dollar liquidity to the banking system and real economy." Investors responded positively, but cautiously. The benchmark Kospi stock market index rose 2.3% on Monday, while the won gained 1.4% against the dollar...
...Though the brutal rout of global markets last week arose from fears the world's banking and financial markets risked total collapse in the face of the toxic credit crisis, government rescue plans detailed this week in both the U.S. and Europe mostly allayed those concerns, sparking surges on Monday and Tuesday. Market plunges since then came in the wake of negative news indicating serious slowing of American economic activity...
Former Director of the University’s Office of Budgets and Financial Planning Dan Shore was named Harvard’s vice president for finance and chief financial officer on Monday. In addition to his official position, which he had held since 2003, Shore had been serving as Harvard’s acting CFO since Elizabeth Mora’s abrupt departure last May. After Mora’s resignation, University President Drew G. Faust said in an interview that she was unsure whether the position would ever be filled again, in light of the recent creation...
...crucial voting bloc, was limited. Nonetheless, after an initial bailout plan was crafted, his campaign declared victory, saying McCain had helped give the House GOP a real bargaining position. This posture might have worked had the House Republicans not surprisingly sunk the bailout package in a vote that Monday, sending the stock market reeling and the nation further into a crisis of leadership. McCain's gamble had not just failed to produce results, it left him looking impulsive and erratic. Days later, to add insult to injury, McCain was forced to vote for a revamped bailout package chock-full...
...sister, Valeria Bruni-Tedeschi, had lobbied the President not to extradite the gravely ill Petrella to Rome - it even fell to the sisters to personally break the news of that reprieve to the former terrorist. "We could not let this woman die," Bruni told the daily Libération Monday in explaining her intervention in Petrella's case. "The situation had become intolerable, dangerous...