2013年5月24日 星期五

the ideal fit for, rebalance, conclave, The China Currency Syndrome


 C.I.A. to Focus More on Spying, a Difficult Shift

By MARK MAZZETTI

Some American officials and outside experts believe it could take years for a spy agency that has evolved into a paramilitary service to rebalance its activities.


Mutual funds and other large stockholders may rebalance holdings in the auto sector afterGeneral Motors's initial public offering, but day-to-day stock prices are not the main measure ofFord Motor's turnaround, Ford's executive chairman, Bill Ford, said.






Hewlett-Packard said Monday it was making an offer to acquire 3par for $24 in cash per share, putting an enterprise value on the deal of $1.6 billion.

The company said that its bid represented a 33 percent premium over the offer
Dell had made. People briefed on the deal said that HP had made an earlier offer, in talks that were initiated while Mark Hurd was still head of the company.

"HP's proposal offers superior value to 3PAR's shareholders. Our global reach, strong routes to market and commitment to innovation uniquely position HP as the ideal fit for 3PAR," said Dave Donatelli, an executive vice president at the firm.

Dell said last week that it had a deal to acquire 3PAR for $1.15 billion in cash.




The China Currency Syndrome
World leaders would do better to worry less about imbalances and more about whether their own nations are pursuing policies that contribute to global prosperity.


The best that can be said for China's weekend decision to drop its dollar peg and again adopt more "exchange-rate flexibility" is that it may avert a trade war. What no one should believe is that China's move will "rebalance" the world economy or send manufacturing jobs rushing back to America.
The People's Bank of China asserted that its decision was made in China's own economic interests, and no doubt that's true. But its timing a week before the Group of 20 meeting in Toronto is no coincidence, comrade. China did not want its exchange rate to become the conclave's ...

conclave (1) 秘密會議:教宗選舉時樞機主教所召開的秘密會議。 (2) 教宗選舉所。
conclavist :會場隨員:指選舉教宗者-樞機之隨員。

Vatican debates moving conclave forward to elect new pope

con·clave (kŏn'klāv', kŏng'-) pronunciation
n.
  1. A secret or confidential meeting.
  2. Roman Catholic Church.
    1. The private rooms in which the cardinals meet to elect a new pope.
    2. The meeting held to elect a new pope.
  3. A meeting of family members or associates.
[Middle English, private chamber, conclave of cardinals, from Latin conclāve, lockable room : com-, com- + clāvis, key.]
conclave (1) 秘密會議:教宗選舉時樞機主教所召開的秘密會議。 (2) 教宗選舉所。
conclavist :會場隨員:指選舉教宗者-樞機之隨員。


Definition of rebalance

verb

[with object]
restore the correct balance to; balance again or differently:the Pilates method aims to rebalance and restore correct posture

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