Word: remains
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Dates: during 2000-2009
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...first financial institution fell victim to the crisis, a boutique investment bank and brokerage firm called KIT Finance, which defaulted on its debt when the markets shut down; it was rescued by an investment arm of the state energy giant Gazprom. Other erstwhile high-flying financial firms in Russia remain at risk. According to the business newspaper Kommersant, the Russian central bank has drawn up a "red list" of 15 other second-tier banks that, like KIT, are in urgent need of financial assistance...
TIME/CNN Poll. Battlegrounds remain tight...
...year. But the Philadelphia school still bested the negative 4.4 percent median return of 165 peer institutions, as measured by the Trust Universe Comparison Service. While these returns pale in comparison to the consistent double-digit returns posted by the wealthiest university endowments over the past few years, they remain robust in light of the worst financial downturn in decades—one that has prompted a U.S. government plan to purchase up to $700 billion of toxic securities in an effort to cleanse the balance sheets of the country’s ailing financial institutions. The unprecedented government intervention...
...ways; news networks tell us of famine, poverty, disease, and genocide, but rare is the occasion to hear the fruits of cultural cross-pollination emanating from such a truly obscure region. Perhaps it’s fitting then that this music that has traveled so far in obscurity should remain in relative obscurity in America, but for a few lucky souls the promise of these new sounds is too much to resist.It would be dismissive to call Sublime Frequencies a label solely interested in “world music,” a term that has become marginalized and even...
...Rome Mayor Gianni Alemanno has denounced the acts of violence, but gay activists remain suspicious of him because of his affiliation with the National Alliance, a party that once espoused fascist ideas. Just a month after his election in April of this year, Alemanno disparaged Rome's annual Gay Pride parade as "an act of sexual exhibitionism...