John Snow
John Snow
John Snowwas an English physician and a leader in the adoption of anesthesia and medical hygiene. He is considered one of the fathers of modern epidemiology, in part because of his work in tracing the source of a cholera outbreak in Soho, London, in 1854. His findings inspired fundamental changes in the water and waste systems of London, which led to similar changes in other cities, and a significant improvement in general public health around the world...
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I think that China remains committed to greater flexibility in their currency and opening of their financial markets, ... It's an irreversible course and we think they're now in a position to move even faster.
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Many financial institutions are implementing contingency plans involving a variety of actions that will help the people of the Gulf Coast,
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China can quickly take advantage of these important advances and thereby 'leapfrog' in the development of its financial sector,
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To have well-functioning financial markets, you need deep and liquid markets with expertise and talent and you hurt yourself if you cap yourself off from resources and talent that's available around the world.
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Beyond the United States, in Asia and elsewhere we have seen where the excessive reliance on bank financing has contributed to financial crisis, ... help China's economy shift from savings to consumption without sacrificing growth.
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Governor Zhou and Minister Jin reaffirmed this fundamental commitment and reviewed with me a number of initiatives under way in financial markets, particularly with respect to the trading platform ... that are preparing the way for greater currency flexibility.
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That's a large message, it's not really different from the message we were taking to China, that well-functioning financial markets are in a country's best interests,
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A stronger financial sector, combined with steps like the liberalization of the retail sector and more effective use of technology in the agricultural sector, would jump-start a surge in investments in India throughout the agriculture and food processing sectors that would add jobs and increase productivity,
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I think we'll continue to see wages rise, and real wages will continue to rise as well. The key thing here is that the economy continues to expand, as it has well above trend line.
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I think it's probably on the high side. I've seen other estimates more in line with a half-percent hurt to GDP growth in the third quarter and fourth quarter -- but with a pick-up of roughly that order for '06,
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I think the recovery is under way, and the economy is poised for a good take-off,
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Japan has demonstrated that commitment to good policies produces good results,
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which are the principal competitors of railroads and, in the process, we're going to grow our revenue and operating income.
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Rebuilding efforts will give GDP (gross domestic product), jobs and our overall economy a lift by the first quarter of next year,