| Lagat faces Aussie star in feature race at Millrose Games
I'm looking forward to Millrose and running against Bernard. I'm fit and I'm strong. Bernard's in good shape. He will be coming back from the UK and looking for a good competition." Mottram missed last year's world championships at Osaka with a hamstring injury but figures to see Lagat again in a battle for Beijing gold, provided he can stay healthy. "It can turn very quickly so I've just got to keep a lid on things, make sure I get better and if I get to Beijing healthy and injury free then things could go well," he said. Reigning Olympic 100m hurdles champion Joanna Hayes of the United States will face Canada's Perdita Felicien, the 2003 world outdoor and 2004 world indoor 100m hurdles champion, in the women's 60m hurdles. Russian Liliya Shobukova, the 2006 world indoor 3,000m runner-up and former world record-holder at the distance, will face American Kara Goucher, third at 10,000m at last year's world outdoors, in the women's mile.
The FOMC Has Faced Tougher Choices, But When?
Hussman, head of the Hussman mutual funds, writes in his weekly commentary. Unlike other sharp market declines, the current episode's "saving grace" is the clear downtrend in Treasury yields, he continues. But those declines also are partly a symptom of growing default risk in other areas, Hussman adds. That's evident in the deepening mortgage crisis, with the latest bad news in a worse than expected decline in new home sales reported for December and a 10.9% drop in the median new-home price in 2007. The result of the daisy chain of risky mortgage securities repackaged in collateralized debt obligations, stuffed into special investment vehicles, wrapped with insurance from monocline carriers is starkly apparent to all. Now, the bell seems about to toll for leveraged buyouts, previously a major source of rocket fuel for the stock market.
Archive for: December, 2007
Paul Murphy Latest Post | Last 10 Posts | Archives Trying to predict 2008 Posted in: Linux Enterprise Policy Government Apple E-voting Sun The IT word for 2008 will, I think, be either "continuation" or "consolidation" as existing trends become more obvious to more people and little new enters the market. Herewith, however, some predictions I hope not to be apologizing for next December. At the top of the list of continuations is SCO. No matter how the legal action pans out, it will continue to dominate direction setting in the Linux community - and until or unless IBM gets its collective head straight on the issue and cleans house, the polarization this case has led to will continue to undermine Linux legitimacy.
States Seek Magic Formula for Universal Health Coverage
Meanwhile, Massachusetts is the first state to take the more hard-nosed mandate approach, requiring residents to buy health insurance or else face a tax penalty. Those who can afford to buy insurance in 2008 and don't, will lose a state tax deduction worth between $210 and $912 for the year. (The maximum penalty for 2007 was $219.) The mandate went into effect in July 2007 and thus far, 300,000 of the state's roughly 400,000 to 600,000 uninsured residents have bought health insurance. That success rate is striking, but it's too soon to declare the Massachusetts experiment a complete victory. The mandate's critics argue that penalizing people who don't buy health insurance could have wide-ranging ramifications. .nextPrevButton { float:left; border:1px solid #F17900; background-color:#FFD200; padding:2px 5px; font-size:11px; color:#039; cursor:pointer; } .pageBox, .pageBox2 { float:left; border:1px solid #F17900; font-weight:bold; padding:2px 4px; margin:0 1px; font-size:11px; color:#039; } .pageBox2 { cursor:pointer; background-color:#E8F0F5; color:#000; } .pageBox2:hover { background-color:#FFD200; } #singlePage { padding-top:3px; } #singlePage img { float:left; margin:-3px 5px 0 0; display:inline; } .
Market turmoil felt in central Europe
It took years for Andrzej Solyga to muster the courage to invest in mutual funds. But in June 2007, at the urging of a friend, the Polish sculptor invested 200,000 zlotys ($82,000) in a fund that had been earning rich returns of 50 percent a year, joining a growing number of small investors in Europe's post-communist countries who finally succumbed to the lure of booming stock markets. Solyga, 52, regrets his decision. Soon after he invested, the Polish stock market headed south, and by December he was so spooked that he sold everything at a loss of 50,000 zlotys ($20,000). It's a phenomenon taking place throughout the world given the market tumult, but one felt acutely in eastern Europe, where retail investors are suffering jolting losses amid the global market dive fueled by the U.S.
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