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ballpark frank English
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ballpark frank
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News and current affairs
LONDON - Even after the passage of new financial regulations in the United States, the Dodd-Frank Act, and the publication of the Basel Committee's new capital requirements, the financial sector's prospects over the next few years remain highly uncertain.
The Dodd-Frank Financial Reform Bill, which is about to pass the US Senate, does something similar - and long overdue - for banking.
Now, however, a new form of antitrust arrives - in the form of the Kanjorski Amendment, whose language was embedded in the Dodd-Frank bill.
According to a knowledgeable ECB source, however, Europe's finance ministers regularly meet in secret with the ECB leadership for a mutual and frank exchange of views on monetary policy and other issues.
The recent Dodd-Frank Wall Street Reform and Consumer Protection Act is 848 pages, and requires regulatory agencies to produce several hundred additional documents giving even more detailed rules.
Nonetheless, a frank assessment would acknowledge that this spider has so far caught few flies.
And, whereas the Basel standards continue to refer extensively to credit ratings as the basis for assessing the creditworthiness of borrowers, the Dodd-Frank Act in the US moves away from reliance on ratings.
One influential technique - which Republican pollster Frank Luntz says that he learned from 1984 - simply reverses meanings and turns reality on its head.
Europe's leaders should engage in frank discussions about where European and Russian interests converge or differ, and these discussions should include regional neighbors that are both producer and transit nations, like my own country, Ukraine.
Regardless of whether it's Chancellor Angela Merkel or Foreign Minister Frank Steinmeier, this answer reverberates across the political spectrum, and it is held irrespective of which parties or people form the government.
MEXICO CITY - For Latin America, 2011 was, in Frank Sinatra's terms, a very good year - and 2012 doesn't look like being so bad either.
Let's be frank: Iraq is going the way of Yugoslavia as it disintegrated in the early 1990's.
The United Nations' Arab Human Development Report is frank in its criticism of the region's economic and social progress.
Moreover, he claims that the Dodd-Frank financial-reform legislation is a large factor holding back the recovery.
The United States has already passed legislation requiring public disclosure of payments to governments, through the 2010 Dodd-Frank law.
To meet these challenges successfully, there is no viable alternative to a positive, continuous, and frank engagement between China and the rest of the world.
Tzu-Kung answered: .Our Master gets things (done) by being cordial, frank, courteous, temperate, deferential.
Using legislative language apparently drafted by Citi's own lobbyists, the firm successfully pressed for the repeal of some of the 2010 Dodd-Frank financial reforms.
On Dodd-Frank, Democrats - including Obama - are apparently of two minds on the extent to which they should stick up for their own reforms.
These megabanks are making a determined attempt to repeal as much of Dodd-Frank as possible, and the House Republicans seem keen to help them.
It is now obvious that this is not consistent with defending what remains of Dodd-Frank.
The Dodd-Frank Act of 2010 may turn out to be a framework for effective regulation, or it might become another set of empty promises.
In view of the Fed's decidedly mixed track record since the Dodd-Frank reforms, some officials evidently regarded that default by Congress as a mandate to conduct business as usual.
The 2010 Dodd-Frank financial-reform legislation has given the Federal Reserve Board a much larger regulatory role than it had before the crisis.
Evidence of this surfaced when Frank Luntz, a leading Republican political consultant, sent a strategy memo to his clients in 2002.
In the United States, the Dodd-Frank Wall Street Reform and Consumer Protection Act, and new initiatives to monitor the safety of financial products, could alter the architecture of finance.
The passage of the Dodd-Frank Act by Congress represents a significant milestone in the reform of the US financial sector.
Second, the Dodd-Frank Act represents a huge step forward in improving regulation of both individual financial institutions and the system as a whole.