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S.& P. said it was raising its assessment of the level of economic risk facing the entire French banking system to 3 from 2, on a scale of 10. "Our view of rising economic risks for France's banking sector also reflects the potentially limited, but still noteworthy, impact from an ongoing correction in the housing market," S.& P. said.
The ongoing correction among Internet stocks such as Yahoo! yhoo and Amazon.com amzn exacerbated the trend.
It cautioned that a slowdown in Beijing's key export markets and "the ongoing correction in China's property markets" were key risks to growth in the future.
As expected from the evolution of these relevant imbalances, the estimates of sustainable growth rates before the crisis were lower than potential growth; during the crisis, sustainable growth rates are higher than potential growth given the ongoing correction of the imbalances.
The main inflationary factors in recent years -- services and non-tradable goods -- appear to be slowing down at the margin, but the ongoing correction of regulated prices, until recently repressed, has still some way to go (Chart 1).
However, public sector providers are less likely to have access to contraceptive technology updates or ongoing correction of misperceptions.
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Last fall, he declared that "the ongoing housing correction is not ending as quickly as it might have appeared late last year".
The additional board members seem to be an extension of the ongoing course correction.
Despite the ongoing course correction underway at the Burbank Police Department, officers still managed to clamp down on crime, with the city experiencing an overall drop in 2010.
Operationally, the study team uses the PIP for to strengthen programming, and facilitate ongoing course correction of implementation.
The locations of some Greek sites were modified (see Tema and Kondopoulou (2011)); the new locations were kindly provided by Evdokia Tema and Javier persn-Carrasco (pers. comm).. Detailed cross-checking of the data is ongoing and corrections will be listed on the log page.
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