The Federal Reserve's policy arm on Wednesday cited restraints to the economic recovery, like the new effect of financial troubles abroad.
As late as May, Bernanke gave a speech in which he opined that "the effect of the troubles in the subprime sector on the broader housing market will likely be limited".
Jay-Z and R. Kelly's album "Unfinished Business" (Jive/Def Jam) was at No.1 last week, despite the ugly public breakdown of the duo's tour -- quickly followed by a lawsuit -- but this week the effect of those troubles has become clear: the album plunged to No.10, with just 71,000 copies sold, a 67percentt drop from last week.
Opponents argued that the bill was not tough enough.See article: Moi at bayAs the situation in Zimbabwe worsened, the Southern Africa Development Community took away the chairmanship of its defence committee from Robert Mugabe and said they were worried about the "spillover effect" of the troubles there.
The long-term effect of European economic troubles on these markets is less clear.
Deal makers predict that the effect of Enron's troubles may make it a buyers' market, giving them much more latitude to find out more information about prospective acquisitions.
The Federal Reserve's policy-making arm said on Wednesday that it had decided to keep short-term interest rates near zero for "an extended period," citing challenges to economic growth, including the effect of new financial troubles abroad.
"The strength of aircraft engines and leasing remains pretty irrelevant to the overall picture that is G.E". Correction: July 17 , 2004 Saturday Because of an editing error, an article in Business Day yesterday about the effect of airline industry troubles on the General Electric Company attributed a comment erroneously to Henry A. Hubschman, president of GE Commercial Aviation Services.
During the war he sustained a severe abdominal wound, the effects of which troubled him for the rest of his life.
As a trained force, they could prove more dangerous than the mob that smashed up Fiji's television station and shot a policeman in May.Meanwhile, Fiji's economy is suffering the effects of six weeks of trouble.
