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Thread: The sky has finally fallen...
05-29-2010, 01:51 PM #307
05-29-2010, 08:01 PM #308
Yes rating is a rating. In reality its hard to really predict.
05-29-2010, 08:28 PM #309
the buck stops with me... looks like its not working. Is Obama a history now?
05-29-2010, 10:47 PM #310
Yeah, Al said he invented the internet. The buck stop with him when it ran up into his @$$. If he takes responsibility, he should resign.
06-01-2010, 08:18 AM #311
The japanese pm is not going to last. Wonder if Obama can make it. Brown is bigotted...
06-01-2010, 08:49 AM #312
It is customery in Japan for a pm to resign if he loses the confidence of the public. This applies to their corporate heads too.
But in the UK, not so, unless they boot him out in parliament. It is a bit like thin skin vs thick skin.
In the US the president is like an emperor. He can even veto bills that carry more than 50% but less than 2/3 of the votes. He sits tight for the full term, come rain or shine.
06-01-2010, 02:53 PM #313
06-01-2010, 03:23 PM #314
Monica: What is that in your pocket? A cigar or just happy to see me?
Bill: You can smoke on one and suck on the other end.
06-01-2010, 05:15 PM #315
The ground has finally fallen!!!
06-01-2010, 05:55 PM #316
06-01-2010, 05:55 PM #317
06-01-2010, 09:23 PM #318
06-01-2010, 09:58 PM #319
06-01-2010, 10:08 PM #320
06-01-2010, 11:15 PM #321
Hewlett-Packard to cut 9K jobs in services unit
By BARBARA ORTUTAY, AP Technology Writer Barbara Ortutay, Ap Technology Writer
Tue Jun 1, 4:01 pm ET
.NEW YORK – Hewlett-Packard Co., the world's largest information-technology company, plans to lay off about 9,000 employees as it tries to cut costs in its back-office computing centers and deepens its use of software, rather than people, to do some of the work that those hubs require.
The changes to these data centers, which are clusters of computers that run websites and process information for HP's corporate customers, will be made over about three years, the company said Tuesday. The layoffs amount to about 3 percent of HP's global work force, which had 304,000 employees as of October, the most recent figure available.
06-04-2010, 12:46 PM #322
Hungary is next
Euro slumps on Hungary fears
Euro fears resurfaced today - not that they ever really went away - as the currency shared by 16 countries fell below $1.20 U.S., its lowest level in more than four years. This time the focus in Europe is Hungary, whose forint also slumped, to a one-year low against the euro. Market concerns over U.S. jobs numbers added to fears over Europe, which in turn were sparked by a Hungarian government official warning that the country’s economy was in grave danger.
06-06-2010, 10:50 PM #323
Asian markets tumble on fears over Hungary
By SHINO YUASA, Associated Press Writer Shino Yuasa, Associated Press Writer
1 hr 8 mins ago
.TOKYO – Asian stock markets tumbled Monday, dragged down by weak U.S. employment figures and fresh fears that Europe's debt crisis could spread as Hungary scrambled to calm worries that the nation is close to defaulting on its debts.
Japan's benchmark Nikkei 225 stock average plunged 396.95 points, or 4 percent, to 9,504.24 with investors also cautious before Japan's new leader, Naoto Kan, forms his Cabinet on Tuesday.
South Korea's Kospi lost 2.6 percent to 1,621.67 while Australia's S&P/ASX 200 was down 3.1 percent at 4,335.90.
Hong Kong's Hang Seng dropped 2.9 percent to 19,211.67. Benchmarks in mainland China, Singapore and Taiwan also fell sharply.
Selling spread in Asia on fears that Europe's debt problems could spread after Hungarian officials said last week the nation was at risk of a Greek-style fiscal crisis.