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| Articles about Fleeing |
| Big investors fleeing risk | | 2007-08-12 19:11:00 | | LONDON (Reuters) -- Big-money institutional investors have turned more risk averse than at any time since August last year, taking positions they typically do not reverse quickly, State Street data showed Friday.The U.S. financial services firm said its clients, who keep some $13.04 trillion with it as a custodian, have moved into what it called a "safety first" regime.This is characterized by moving from emerging to developed market equities, embracing bonds and unwinding currency "carry" trades.Institutional investors tend to take a longer-term view of markets than other investors, so shifts in their strategy can have a significant impact on a market's recovery.The firm said that since September last year investors had been taking positions reflective either of abundant liquidity or leverage opportunities."A quick move back to risk-seeking is unlikely given ... previous history ... and the backdrop of markets," State Street said in a note.Specifically, the latest data showed risk av... | | By: How to be Rich, Happy and Free from Scams | | |
| | Fleeing the Famine. | | 2007-05-14 22:03:00 | | Today, May 15th …The “Great Hunger” or “Great Famine” which occurred in Ireland in the mid-nineteenth century was called the “Potato Famine” because it was the total destruction of that crop (on which the Irish had become nutritionally dependent) by a fungal blight that was the dramatically visible cause. In reality of course, as always, there were many underlying and contributing issues – economic, political, social and so on – which historians will no doubt still be unravelling for many years.The consensus of history seems to be that the response of the British government was too little, too late, and much of the aid was inappropriate, misguided, and wasteful. Soup kitchens offered emergency meals, and we have previously salivated over some of the soup recipes considered appropriate for the poor (see below). The first food depots opened on this day in 1846 in Cork, and distributed potato alternatives such as the much hated Indian Corn (maize).Most of the ‘problem... | | By: The Old Foodie | | |
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