Deleveraging and the Global Financial Crisis (http://ezinearticles.com/?Deleveraging-and-the-Global-Financial-Crisis&id=1671533)
Deleveraging is the process describing the unwinding of debt. Companies often use leverage (i.e. borrowing) to stimulate their growth, but when they become concerned about defaulting ot about rampant losses, they are forced to use deleveraging in order to lower the risk of default and mitigate their losses.
cost containment - (n.) The features of a dental benefits program or of the administration of the program designed to reduce or eliminate certain charges to the plan.
European Central Bank (ECB), the central bank for the Eurozone of the European Union
US Senate passed the so-called “finreg” overhaul of **US financial regulations**
The game of Chicken, also known as the Hawk-Dove or Snowdrift[1] game, is an influential model of conflict for two players in game theory. The principle of the game is that while each player prefers not to yield to the other, the outcome where neither player yields is the worst possible one for both players. The name "Hawk-Dove" refers to a situation in which there is a competition for a shared resource and the contestants can choose either conciliation or conflict.
Sovereign risk (http://www.anz.com/edna/dictionary.asp?action=content&content=sovereign_risk)
The extra dimension of risk involved in international, as distinct from domestic, transactions. Sovereign risk is an aspect of the credit proposal that is additional to the usual commercial risks such as credit, foreign exchange and transport risks, and is outside the individual borrower's control; it can override the borrower's willingness and ability to repay financial obligations, even though the borrower may be a government. Sovereign risk implies the possibility that conditions will develop in a country which inhibit repayment of funds due from that country, such as exchange controls, strikes or declarations of war. An international lender should (but does not always) compensate for perceived sovereign risk by adjusting the interest rate charged. International banks impose lending limits on their business with foreign countries, although that is not foolproof. Also country risk.
Rudolf Virchow - Opposition to Darwinism
THE BLOODY HISTORY OF COMMUNISM
state-of-art
The $5 TOP-UP! Optus - Latest Recharge Offers
sit on your hands : vi.不予鼓掌(在需要时不采取行动)
Example: Are you going to sit on your hands while she does all the work?
Pedal to the metal - (Australian Slang) be driving a vehicle at top speed: “We were pedal to the metal when we passed a cop”; (English Idioms) accelerator all the way down, flat out He always drives fast - pedal to the metal all the time.
Tuesday, August 3, 2010
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