We still saw growth last year even with higher oil prices. Countries have adjusted, with interest rates still low and structural reforms proceeding. Risk premiums continue to fall, making stock markets more attractive.
We're in a period of denial about the extent to which racism still exists as a structural phenomenon. It was just so evident in this storm. Even in the language people used.
Monetary policy expectations were the driving forces on the FX markets in most of 2005 and while we expect structural problems to come back to haunt the dollar in 2006 we expect monetary policy expectations to lend support to the greenback early in the year.
Monetary policy expectations were the driving forces on the FX (foreign exchange) markets in most of 2005 and while we expect structural problems to come back to haunt the dollar in 2006 we expect monetary policy expectations to lend support to the greenback early in the year.
Today we are announcing a significant update on our plan to address our health-care burden, which is the cornerstone of our efforts to reduce structural costs by a $5 billion (US) run rate by the end next year.
Fundamentally, we have broken our aerospace business into three parts - large parts which go into the wings and fuselage, components for jet engines, and specialised structural components for landing gear.
We've got literally thousands of bridges across our railroad. We've come to the realization that our resources really need to be directed to ensuring the structural integrity of these bridges rather than their cosmetics.
China to reduce capital lending in the domestic market. Aiming to create structural changes to present economy by deleveraging from exports and focus on increasing domestic consumption...
China's efforts to improve corporate governance and undertake a broad range of structural and institutional reforms will further enhance its competitive position as a financial and trade center of gravity in the region.
China has made one-way concessions across the board in agriculture, manufactured goods, services, technology and telecommunications, ... structural changes within China will be necessary to change China for the better in the long term.