Word: weakening
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...Maliki's government asks U.S. forces to stay in significant numbers in Mosul, any negotiated extension of the U.S. presence risks stoking political attacks from the Prime Minister's Shi'ite rivals. Any move by al-Maliki to allow U.S. forces to keep up major operations in Mosul may weaken his standing in parliamentary elections, which are expected to happen in December or January of next year...
Libertas ran a controversial campaign and has been accused of scaremongering: many voters thought - wrongly - that the treaty would introduce conscription into a European army and weaken Ireland's laws against abortion. The confusion also raised questions about whether the Lisbon Treaty was too complicated and technical to be put to a referendum. But Ganley, who will run himself in Ireland's northwest constituency, rejects such claims. "Democracy is not supposed to be perfect," he says. "It's a blunt instrument. It's not expected to be efficient...
...unusual step for China, which has historically used U.S. dollars to conduct its external trade. But with some 70% of its $2 trillion in foreign reserves parked in the U.S. currency, China is searching for ways to diversify. Beijing's main concern is that the dollar will inevitably weaken, eroding the value of its holdings, due to the growing U.S. budget deficit that is expected to swell to more than $1.75 trillion in 2009, the country's largest debt load as a percentage of GDP since World War II. "This is the tip of the iceberg," warns Joseph...
...There is also the possibility that the dollar, after its recent show of strength, will again weaken in value against other major currencies, eroding its attractiveness as a reserve currency. Confidence in the health of the U.S. economy, and therefore the U.S. dollar, could plunge because of continued large U.S. current-account deficits, an unstable banking sector and a recession-busting, expansionist monetary policy. The budget deficit, which the Congressional Budget Office estimates will reach $1.8 trillion this fiscal year, or 13% of GDP, is reaching heights not seen since World War II. (See the top 10 worst business deals...
...latest assessment of the global economy published March 19, the International Monetary Fund forecast the country's output shrinking by 5.8% this year, much more than in the U.S. or eurozone. With interest rates close to zero for months now, there's speculation Japan could intervene to weaken the yen in order to help stoke its all-important export sector...