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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (21924)9/3/2007 7:18:19 AM
From: Ilaine  Respond to of 217860
 
Hmmm, hmmm.

Well, although you may be correct about British common law, in the US the "garnishee" is the one being garnished, a third party, typically the employer of the debtor, or a bank account of the debtor.

It's not "garnishing the debts," it's garnishing the assets.

Yes, it's also true that to garnish means to sprinkle with something decorative like parsley or chopped chocolate.

But US English is notoriously lazy compared with Kiwi English.



To: Maurice Winn who wrote (21924)9/3/2007 7:32:01 AM
From: elmatador  Respond to of 217860
 
BIS says emerging markets relatively resilient during recent market turmoil
09.02.07, 4:15 PM ET


BASEL (Thomson Financial) - The Bank for International Settlements said emerging markets have remained surprisingly resilient during the recent sharp correction in global financial markets.

'Emerging market equities and bonds...proved relatively resilient, reflecting broadly favourable economic conditions,' the BIS said in its quarterly review of financial markets.

Emerging market equities were affected by the general re-pricing of risky assets from late July but held up better than markets in industrialised countries, it said.

Asian markets outperformed other emerging markets, it said.

'This resilience may have reflected continuing expectations of strong macroeconomic performance, with data pointing to solid economic and corporate earnings growth in emerging Asia,' it said.

Emerging market bond spreads rose significantly in July and August, but the rise was not as sharp as in industrialised country credit markets, the BIS said.

steve.whitehouse@thomson.com



To: Maurice Winn who wrote (21924)9/3/2007 9:44:42 AM
From: TobagoJack  Respond to of 217860
 
<<a psychological thing called load shedding - when mental strain is too much, people just shove stuff off, whatever the cost>>

... stop talking sexy :0)

so much to look forward to.



To: Maurice Winn who wrote (21924)9/3/2007 9:57:26 AM
From: elmatador  Respond to of 217860
 
Bush makes surprise visit to Iraq. The secret visit also saw Mr Bush's secretary of state, Condoleezza Rice, defence secretary, Robert Gates, travel to Anbar province.

Those guys got to have an exit strategy.

Mr Bush arrived in Iraq as Britain completed its withdrawal from Basra Palace in southern Iraq, handing over control of the city base to the Iraqi army shortly before 1am (10pm BST Sunday).

Bush makes surprise visit to Iraq
Mark Tran
Monday September 3, 2007
Guardian Unlimited

The US president, George Bush, today made a surprise visit to Iraq, just days before a key report on his military "surge" strategy is to be unveiled.
The secret visit also saw Mr Bush's secretary of state, Condoleezza Rice, defence secretary, Robert Gates, travel to Anbar province.

Mr Bush travelled to Iraq on his way to an economic summit with Asia-Pacific leaders in Australia. Next week, General David Petraeus, the top US commander in Iraq, and Ryan Crocker, the US ambassador in Baghdad, can expect tough questioning when they testify on Capitol Hill in advance of their report on the effectiveness of sending an extra 30,000 troops to Iraq.

Mr Bush last visited Iraq in June 2006 and was also in the country for the American Thanksgiving holiday in 2003. He was scheduled to fly from the US to Australia today, but Air Force One took off from Andrews Air Force base yesterday evening instead to travel via Iraq.

The president was joined in Iraq by other top advisers, including the national security adviser, Stephen Hadley.

The US administration often cites Anbar province as a success story in its "surge" strategy, as Sunni tribal leaders have banded together, with US backing, to fight al-Qaida.

Mr Bush arrived in Iraq as Britain completed its withdrawal from Basra Palace in southern Iraq, handing over control of the city base to the Iraqi army shortly before 1am (10pm BST Sunday).

The Ministry of Defence said the decision to pull out and hand over control of the palace was made with the support of the US and in consultation with the Iraqi government, but US army commanders were quoted as saying they were "surprised" at the move.

The British withdrawal leaves Mr Bush even more politically exposed as Congress prepares to debate the Petraeus-Crocker report on the effectiveness of the "surge".

Last week, a leaked report by the government accountability office, the investigative arm of Congress, said the Bush administration had failed to meet the vast majority of military and political benchmarks set by Congress this year. The independent report cast doubt on the credibility of Mr Bush's repeated assertions that his "surge" strategy was working in Iraq.

The report said only three of the 18 benchmarks had been met. Its conclusions contrasted with a similar exercise carried out by the White House in June that reported progress in several areas, albeit limited.