That same logic helps explain the long-term staying power of companies like General Electric and United Technologies, both of which are major military contractors despite being focused mainly in commercial businesses.
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The man who coined the term BRIC to explain a structural shift in the global economy over the last decade thinks there has been a new twist.
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That helps explain why in the short term the stocks of small companies swing more dramatically than those of big ones.
If Charles Green is not willing to face the fans, explain the economics and risk the torrent of abuse that will follow in the short term, then Rangers will find themselves shortly back in the same place.
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The hope is that identifying factors that explain such differences may lead to strategies to mitigate long-term risks, said Dr. Zafonte, the project's co-director.
No longer a descriptive noun, "bubble" has become the default term for lazy writers seeking to explain what they cannot.
Try to explain that concept using other words and you quickly discover that the term is so amorphous that any kind of subjectively offensive behavior can fall within its scope.
Exporters of metals and chemicals should gain immediately, but the longer-term benefits of membership are hard to explain to a population that tends not to look far ahead.
At least in the short term, Kyoto imposes heavy costs on some countries that are hard to explain to voters.
Here's an idea: Instead of merely attacking and counter-attacking a merger, companies would do well to explain their proposals -- their costs, benefits, valuations and long term implications -- to the people who really matter, the shareholders.
They can -- as the President tried to explain and did explain, that mandatories -- this is a terminology, a term of art on Capitol Hill -- but this is real money that affects real people in real ways.
Although "apartheid" is now a familiar term in much of the world, a few brief details of its history seem necessary to explain its grotesque impact on the life of Ruth Khumalo as well as on her children and their children, including the boy.
For it's a term of esteem and appreciation, and this helps explain why in 1861, an earlier Thai monarch established the Most Exalted Order of the White Elephant, consisting of six separate grades, which soon became the most frequently-awarded honour in the country, as it remains to this day.
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