Word: sharpness
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...Bouton's offer to resign was rejected by the bank's administrators this week. Bank official said Thursday they needed to raise $8 billion to cover their losses and that 2007 profits would likely be between 600 million to 800 million euros (about $874 million to $1.16 million), a sharp drop from its 2006 profits of about 5.2 billion euros...
...think Hamas got the message.' ARYE MEKEL, Israeli Foreign Ministry spokesman, on Israel's decision to partially lift a blockade of the Gaza Strip despite a sharp increase in rocket attacks by Palestinian militants...
...already, a recession isn't far away. "The debate is not whether we're going to have a soft landing or a hard landing in the U.S. but how hard the landing is going to be," says Nouriel Roubini, professor of economics at New York University. He sees a sharp, possibly year-long U.S. recession and a global slowdown. Despite Asia's torrid growth, consumers in China and India accounted for only $1.6 billion of the world's spending last year, a tiny fraction of the $9.5 trillion spent by Americans, according to Stephen Roach, head of Morgan Stanley...
...more than ever. This week, for the first time since Barack Obama launched his campaign 11 months ago, Michelle Obama has left the couple's two young girls at home with her mother and hit the campaign trail full-time. While she's no Bill Clinton, Obama does have sharp elbows. One of her more pointed remarks is about how "things have gotten continually worse over my lifetime," implying the Clinton era did little to help "regular folks" like her and her family. And in a forcefully worded fund-raising letter sent out Thursday, she says, "What we didn...
...Early in the proceedings, about a dozen young people demonstratively left the room shouting "Shame!" and "Enough with slandering Poland!" Gross remained calm and quiet. "I speak about things that have been known but have not yet been put in such a clear, sharp and unambiguous way," he said. "It's difficult because we are talking about the time that has shaped our identity, who we think...