lynch

Mr. Lynch said the conversation was supposed to be about his severance, but quickly became an "ambush. "

Almost a year ago at the height of the credit crisis, Bank of America bought troubled rival Merrill Lynch in a rushed deal.

When analyzing a trend, I look AT it as though Peter Lynch were doing it. By having heroes, we tap into a tremendous source of raw genius.

One of the most stressful parts of my job as an analyst at Merrill Lynch, and now at Rose Park Advisors, is to meet with investors.

Ms Lynch has just moved from her daughter's crowded house into a new one of her own.

That afternoon, Thain met Lewis ready to discuss the sale of a minority stake in Merrill Lynch.

Asked why the bank did not use Merrill Lynch, the BofA spokesperson said: "We did it as a party to party transaction. "

Despite bravely dealing with his surgery, Koda is said to have a bit of a naughty streak: "He'll chew just about anything, " says Lynch.

Merrill Lynch said that Ms Ren had been employed to help strengthen the bank's China franchise.

Jesper Koll, economist at Merrill Lynch, said: "The golden age of pro-market reform is over. "

The ball is now in Mike Lynch's court, but I can't imagine what he can do at this point but fall on his sword.

And let me just say this about derivatives: You may know I went on to work at Merrill Lynch. Derivatives ain't all they're cracked up to be.

Merrill Lynch, which had not been previously thought to be in danger, sold itself to the Bank of America to avoid a similar fate.

When Saddam Hussein invaded Kuwait in 1990, Tom Lynch and his fellow contractors decided to get out of Iraq while they still could.

Michael Lynch, of Strategic Energy &Economic Research, a consultancy, recalls that just a year ago inventories were high and prices too low.

Yes, they talk like that, all the time. I've heard 'em say that if he was to get free they'd lynch him.

But a year ago, he dove for safety in blue-chip stocks like IBM, Merrill Lynch, General Motors, and Delta Air Lines.

By throwing up new mixtures of genes each generation, sex enables at least a few individuals to escape the parasitic lynch mob.

When analyzing a trend, I look at it as though Peter Lynch were doing it.

In Lynch's view, the U. S. should also push for the release of detained activists and journalists and keep up the pressure for negotiations.

"We think we've got the right strategy, " Mr. Lynch said. "The growth in our e-books business is about nine months ahead of our plan. "

Tutwiler's philosophy, according to those who dealt with her, was to promote Thain as "the public face of Merrill Lynch" .

I was listening to a tape by Peter Lynch, and he said something I completely disagreed with.

At once-proud Merrill Lynch, which collapsed into the arms of Bank of America, years of profits have been vaporized.

Lynch was one Lakers first-round pick from North Carolina who didn't do much in L. A. , but second-rounder Van Exel had an impact.

Peter Lynch, one of the greatest investors of all time, has said that the "key organ for investing is the stomach, not the brain" .

In other cases, Lynch suggested insurgents deliberately might be disseminating exaggerated reports or misinformation to media contacts.

However Ms Latorre did let one detail slip; she said Private Lynch was already looking for a wedding dress.

Merrill Lynch, which rates McDonald's a "buy, " said in a research report that the stock is "in a world of its own. "

A week earlier, Stan O'Neal lost his job at Merrill Lynch after leading the investment bank to a loss with $8. 4 billion of write-downs.

Lynch: But master, I still want to ask you that, Elaine has refused to you, why you still want to kill Charlie?

The New York Fed said it were unable to verify that the conversation with Merrill Lynch bankers took place.

John Murphy of Merrill Lynch said the plan was "confirmation that there is significant value in GM" .

In Concord, he got to meet Gov. Lynch and sit in on a discussion about the state budget.

lynch squats cross legged on the hearth rug of matted hair , his cap back to the front.

Instead, Merrill Lynch strategist Richard Bernstein tracks the Korea Composite Stock Price index, known as the Kospi.

A gentleman's agreement on a win-win solution is always preferable to a lynch mob.

To grow more food under tough conditions affordable , Dr. Lynch said, we're going to have to breed plants with improved roots.

Stan O'Neal, who presided over giant losses at Merrill Lynch, was more empire-builder than risk manager.

This was the day after Lehman failed and Merrill Lynch was taken over, and the financial crisis entered a new, even more dangerous stage.

Share prices are also now in a sweet spot for a revival of deals, says David Bianco, an equity strategist at Bank of America Merrill Lynch.

But thanks to the incomparable Jane Lynch, I can't wait to see what trouble the character stirs up next.

The latest poll of global fund managers by Merrill Lynch found that risk appetite is at its lowest level in over a decade.

I've already done some research on other workers at Merrill Lynch to see how they achieved similar goals.

The Merrill Lynch Uranium Equity index is at its lowest level for almost three years, and has halved from its peak.

The bank has lost several senior staff since Bank of America Corp. completed its acquisition of Merrill Lynch on Jan.

As for what would have happened if Bank of America Corp. (BAC) hadn't bought Merrill Lynch, he says Merrill 'wouldn't have lasted a week. '

Only two soldiers, Jessica Lynch and Pat Tillman, have become household names during the course of the war.

It's a remarkable achievement, but even Lynch acknowledges that he was backed by a strong tailwind.

Merrill Lynch, meanwhile, took control of its Indian investment banking partnership after buying out the main shareholder for $500m.

Even so, Merrill Lynch says retail investors have still been flooding out of China this year. Hartnett says this may be irrational.

Once they have done so, Lynch said, they then may be eligible to join Iraqi security forces following "an appropriate vetting process. "

Peter Lynch is perhaps most famous for advising investors to buy what you know.

Within a few weeks some $40 billion was poured into distressed Western lenders, among them Citigroup, UBS, Morgan Stanley and Merrill Lynch.

Private Lynch, 20, will marry Army Sergeant Ruben Contreras next June, his mother said.

The meeting was also attended by Dan Sontag, head of Bank of America Merrill Lynch's global wealth management business.

Far subsequent projects. Lynch relied more on her awn experienced staff.

Merrill Lynch is seeking about $4bn in a second capital raising, as the hole in the US investment bank's balance sheet continues to grow.

Hope can be paralyzing, sir. We believe that the people who took Aimee Lynch have been doing this for a very long time.

Bank of America Merrill Lynch agreed that the inventory and orders data boded well for a recovery in output in coming months.

Stocks have taken a pounding today as investors pondered the demise of Lehman Brothers and a takeover of Merrill Lynch.

They include Peter Lynch, of Magellan Fund fame, and Warren Buffett, who used to publish a newsletter on handicapping.

That may make it easier for BofA to reap the strategic benefits of its messy tie-up with Merrill Lynch.

Critics usually used the word "Lynchican" to define this apparently unique style of David Lynch's movies.

Less than six months ago, Merrill Lynch's head of research complained that Wall Street analysis was being "Napsterised" , or pirated.

The spokeswoman said that the two subpoenas had been sent to Deane and Foster of Merrill Lynch Investment Bank.

Jonathan Lynch: The roots are the part of the plant that take up water and nutrients.

When Merrill Lynch and Citibank had a problem, it was sovereign funds from abroad that bailed them out.

The cull comes soon after similar carnage at Citigroup and Merrill Lynch, which also announced thousands of cuts last month.

The circumstances surrounding the acquisition of Merrill Lynch & Co. became the subject of several state and federal probes.

BoA acquired Merrill Lynch during the credit crisis and agreed as part of the takeover to maintain bonus payments.

Gong. Merrill Lynch economist Ting Lu said fourth-quarter growth from the previous three months was "close to zero. "

I couldn't deny that the grand old paper still had a conscience; they didn't want Hillary and me handed over to a lynch mob.

Ultimately, we'll be operating in 20 countries. I believe this will prove to be an important milestone for Merrill Lynch.

Losses can become viral: Lang Gibson, a Merrill Lynch analyst, characterized the potential for losses in CDO pools in a recent report.

Honeymoon trip is, in my imagination, a trip of this couple or any couple, a trip like those in David Lynch's films.

Palin is herself a transformational figure: She is transforming an increasingly narrow band of Americans into a political lynch mob.

Last September Merrill Lynch estimated that outsiders cover more than 30% of the cost of film production.

Lynch, the former manager at Fidelity's Magellan fund, made this notion the cornerstone of his 1989 best seller 'One Up on Wall Street.

"In Mozambique, where we work, 70 percent of the population are subsistence farmers" earning less than $1 a day, Lynch says.

John Thain of Merrill Lynch was originally going to be a big draw, but he has been thrown into the parchment waste-paper basket of history.

Daniel Hynes, metals strategist at Merrill Lynch, pointed to "a multitude" of drivers pushing gold higher.

Prior to Morgan Stanley, he worked at Merrill Lynch, where he ran the company's retail brokerage.

And a report from Bank of America-Merrill Lynch suggested that 50 to 60 per cent of the punters at Resorts World were locals.

The latest leaks from the investigation say that Merrill Lynch, Credit Suisse First Boston and Citigroup will be found guilty of fraud.

"The outlook for sterling, particularly against the euro, has improved further, " said Meng Jiao of Bank of America-Merrill Lynch.

Lynch: I won't endure what you did with your black heart! I have called the police, you will accept the approval of the law!

"We're not in a full-blown bubble yet, " says David Cui, China strategist for Merrill Lynch in Shanghai.

Best advice I ever got: I got this from a bunch of places, including my dad and Peter Lynch: Don't invest in anything you don't understand.

Though Lynch runs a foundation that advocates a brand of popular meditation, there's little that's calming or stable about his vision.

But if they decide they do, regulators could ease the transition as they did for ex-investment banks Goldman Sachs and Merrill Lynch.

Bear Stearns and Merrill Lynch found shelter in the arms of two big universal banks, JPMorgan Chase and Bank of America.

Lynch avoids making explicit stock recommendations, but he does not stint with examples.

This fire sale was not enough for one creditor, Merrill Lynch, which seized collateral and threatened to auction it off to cover its losses.

At Bank of America, Lewis' apparent act of generosity towards Merrill Lynch was being punished by the market.

Lynch told reporters that Iraqi and coalition forces would continue to analyze reports of violence and verify them on a case-by-case basis.

'Japanese authorities' response to yen gains remains slow, ' notes Bank of America Merrill Lynch currency strategist Tomoko Fujii.

We drove through a lynch mob, pressed our faces against the floorboard.

At Merrill Lynch, managers were surprised when seemingly secure mortgage investments suddenly suffered huge losses.

Subprime lenders have also been scooped up by investment banks, including Morgan Stanley, Merrill Lynch and Deutsche Bank, in recent months.

"The canary in the coal mine is not dead; it's just sleeping, " said Ethan Harris, chief economist at Bank of America-Merrill Lynch.

For Bank of America, however, MBO says the fall reflects upheaval of the brand itself following its merger with Merrill Lynch.

The board did agree to $3. 6bn in bonuses to be paid out to other Merrill Lynch executives.

"These data should be quite positive to market sentiment, " said Lu Ting, economist with Bank of America Merrill Lynch.

On Friday, Merrill Lynch's US high-yield benchmark spread over Treasuries fell back to where it started the year.

I read Peter Lynch's book to understand how he chooses stocks.

It was also a leader in the commercial banking business, where Merrill Lynch was weak.

Lubbers pass, Lehman Brothers, Merrill Lynch, and so on the company's turmoil has put these people on the brink of unemployment.

Lynch: Everything has done, master, who I found is the best killer of the whole city.

He had been previously employed by Goldman Sachs and Merrill Lynch.

The tough stance taken by regulators this past weekend with the investment banks, Lehman and Merrill Lynch, certainly helps.

However, long and slinky can turn brassy and Bet Lynch if you don't have the freshness and height to carry it off.

Shareholders have been canvassed by BHP advisers, including Merrill Lynch.

The deal will allow Bank of America to use the money to absorb losses at Merill Lynch, which it recently acquired.

Merrill Lynch signalled a $5 billion write-down in October 2007, only to increase it to $8 billion a mere 19 days later.

It makes the world strange and mysterious. On a good day it's almost bizarre and profound as a David Lynch movie.

Steve Milunovich, technology analyst at Merrill Lynch, believes Sun Microsystems is in danger of falling into this trap.

Recipients include Merrill Lynch, Citigroup, Morgan Stanley and Switzerland's UBS (or, as wags now call it, Union Bank of Singapore).

In 2006 Mr Lynch published a study of the station's reporting of Iraq since the late 1990s ( "Voices of the New Arab Public" , Columbia).

Merrill Lynch, meanwhile, thinks the IEA underestimates the likely rate of decline.

Louis Charles Lynch has spent all of his 60 years in a little town.

The Adobe team chose to base the system on HTML and Flash for several reasons, Lynch says.

Merrill Lynch is best known for its Global Private Client services and its strong sales force.

"Human flesh searches are turning into online lynch mobs, " said Yu Hai, a sociology professor at Fudan University in Shanghai.

Porsche SE and Renault SA paced advancing shares after BofA-Merrill Lynch Global Research recommended the carmakers.

What follows is a three-act drama about identity, loss and memory, one that influenced directors from Woody Allen to David Lynch.

Lulla, Asia head of transportation investment banking for Bank of America-Merrill Lynch, started in the new job about three months ago.

If Mr. Lynch is correct, then H. P. 's stock may be a huge bargain. But he isn't buying.

The Merrill Lynch that Thain took over in December 2007 was a shadow of its former self.

Finally, I'll talk briefly about how Merrill Lynch is leveraging these forces to achieve preeminence in financial services.

Citizens, deprived of justice, often form lynch mobs, or they resolve disputes, even trivial ones, by hiring assassins.

But the online lynch mobs have also stirred a public debate that has included calls for legislation to protect user privacy on the Internet.

Merrill Lynch, an investment bank, recently announced a plan to preserve a huge swathe of forest in the Indonesian province of Aceh.

Some advice for Autonomy CEO Mike Lynch: You can obfuscate about what is said in a private conversation.

Merrill Lynch does not see much new upgrading capacity becoming available until 2009 at the earliest.

Former Merrill Lynch officials said they contacted regulators about the way Lehman measured its liquidity position for competitive reasons.

Although lynch law and lynching are mainly associated with hanging, other, less severe punishments were used.

David Rosenberg, an economist at Merrill Lynch, points out that inventories of new homes are 40% above their historical norm.

In our December interview, Thain admitted that he had underestimated the magnitude of the problems Merrill Lynch faced.

Their strengths definitely lie up front, with experienced and quality players like Fava and Beghetto, the lynch pins of the team ". "

Well, Wall Street is home to two fewer investment banks (three, if you count Merrill Lynch). Some regional banks have gone bust.

Mizuho Financial Group in January said it would provide $1. 2 billion to Merrill Lynch &Co. through the purchase of preferred shares.

I'm happy to be here at Wharton, traditionally a wonderful source of Merrill Lynch talent.

Bank of America had promised its shareholders that no bonuses will be paid to bankers at Merrill Lynch without its express permission.

"When a company's numbers look too good, they often are, " says Bank of America Merrill Lynch.

Michael Hartnett, chief emerging markets strategist at Merrill Lynch, cites an augury of tougher times.

Investor Peter Lynch famously advised looking for businesses that even an idiot could run, because one day an idiot will.

Merrill lynch global wealth management and consulting institutions newly released capgemini the 2009 world wealth ". "

Mr Lewis has had a rough time ever since BofA took over Merrill Lynch amid the financial maelstrom in September 2008.

Lehman Bros. and Merrill Lynch, former mainstays of the gathering, are bad memories.

Congress today took aim at Merrill Lynch and its relationship with Enron.

The collapse of Lehman, the buy-up of Merrill Lynch and the nationalisations of Fannie, Freddie and AIG were obvious landmarks.

Mr Lynch, who made his name with his 2006 book, "Voices of the New Arab Public" , understands what makes Arab opinion tick.

"You never control the market, it's a matter of luck, " Kevan Watts, chairman of Merrill Lynch International, told the Financial Times.

Merrill Lynch, the best-known firm, was forced overnight to sell itself to Bank of America.

The second-largest user was Bank of America, which bought Merrill Lynch during the financial crisis, and borrowed a cumulative $212bn.

But with many firms cutting staff numbers and some, like Merrill Lynch, leaving lower Manhattan, there is no denying the growing glut.

Interviewee 3: I have a degree in finance from Princeton. . . and the last two years, I've been an assistant to A. V. P at Merrill Lynch.

When they later apologized, they posted "The Best Stocks for 2008, " which, as Gawker points out, included. . . Merrill Lynch.

"The odds greatly favour the bulls, " said David Bianco, BofA-Merrill Lynch chief US equity strategist.

Did you see Jane Lynch [on Two and a Half Men] last night?

'There's the idea that they are pushing against a string, ' says Robert Lynch, head of currency strategy for the Americas at HSBC.

On Sunday, Merrill Lynch agreed to be bought out by Bank of America for some $50 billion.

Former Merrill Lynch investment bankers such as Mr. Horowitz have contributed mightily to Bank of America's profits since the merger.

Lynch, director of professional master's programs at the Council of Graduate Schools.

Hewlett-Packard counters that Mr. Lynch was a singular force of resistance to the merger as soon as his check cleared.

By Sunday afternoon, it was apparent that BofA would offer a rich price, $29 a share, to acquire Merrill Lynch.

For the entire European market including financials, Merrill Lynch says, the yield is now the highest since 1975.

This to view a line of total 5 people, exterior host lynch Veda, two photograph and an assistant director.

Lynch said new research showed fish oils may reduce the cell inflammation that triggers a decline in memory.

Merrill Lynch, in danger of collapsing before being rescued by Bank of America, now imperils its new parent.

But according to Francisco Blanch of Merrill Lynch, the rising cost of capital is likely to outweigh all these benefits.

The Arab Uprising: The Unfinished Revolutions of the New Middle East. By Marc Lynch.

After leaving Magellan 20 years ago, Lynch reduced the scope of his activity in the markets.

lynch in his operation Magellan funds, from $100 million to a billion, again to 200 million.

Large investment banks like Lehman and Merrill Lynch all had solid investment grade ratings.

Some defects are caused by the inherited gene mutations found in Lynch syndrome and others occur by chance, or "sporadically. "

And that's particularly encouraging news for The Reds after they lost Joel Lynch to injury in last night's 1-1 draw with Middlesbrough.

The shareholders at Lehman, Citi, Merrill Lynch and UBS, who've just ponied up rescue capital will demand it.

The predominant production of Chateau Lynch Bages is Chabernet Sauvignon, which has a lovely luster, fragrant aroma and strong wine body.

Lynch. She keeps an eye on Alex when my parents are out of town.

Unlike Merrill Lynch or Morgan Stanley, Goldman has had almost no recent retail operations.

Merrill Lynch developed a solid online trading system to be used by customers.

Lynch said that Iraqi authorities and coalition forces use multiple methods to verify reports of violence.

BofA Merrill Lynch Global Research downgraded the shares to "neutral" from "buy. "

Merrill Lynch suffered badly after it fired workers, including technical staff, as financial markets stumbled in late 1998.

Today, I often say, "" How would Peter Lynch DO this, or DOnald Trump or Warren Buffett or George Soros? ""

Supplies procured at the contract rate meet only 35% of its needs, according to Merrill Lynch, an investment bank.

There are five in the top tier: Goldman Sachs, Morgan Stanley, Merrill Lynch, Lehman Brothers and Bear Sterns .

Thain deserves a bonus, because he saved Merrill Lynch. He deserves a bonus, because he actually earned it.

Bob Wigley, chairman of Merrill Lynch for Europe, the Middle East and Africa, is leading the review.

In other business news, U. S. antitrust regulators have approved Bank of America's $35 billion purchase of Merrill Lynch.

It's also ageing, leaving her looking more like Coronation Street's Bet Lynch than a blonde bombshell.

That makes sense to Dr. Kaufman, as well as Messrs. Wien, Biggs and Lynch.

You must do this from your HOME PC or internet cafe, do not use a Lynch PC or the IP address will be picked up.

Merrill Lynch is best known in the US for being the brokerage firm that brought Wall Street to Main Street.

Merrill Lynch estimates that the price would need to settle at about $80 to make further investment viable.

Wall Street has been transfixed this week by the antics of former Merrill Lynch CEO John Thain.

Today, Lynch is a research consultant at Fidelity Investments.

Now many Merrill Lynch shareholders may scream that Thain earned nothing.

Images courtesy of the European Space Agency. Caption by Patrick Lynch and Mike Carlowicz.

American shares plummeted on August 28th partly because Merrill Lynch's Guy Moszkowski cut his rating on several banks.

Mr Lynch says that in some ways this mirrors the old practice of fishermen leaving for long periods of time at sea.

Above: Waiting for the elevator. Forever: "Eraserhead" (David Lynch, 1977).

Ms Lynch was injured and captured by Iraqi forces, and Tillman was killed by friendly fire.

A survey of fund managers by Merrill Lynch, an investment bank, found 82% expected volatility to rise this year.

Morgan Stanley Chief Financial Officer Colm Kelleher hauled in $7 million, while chief legal officer Gary Lynch made $4 million.

Investors have handed several writs to Citigroup and Merrill Lynch.

We intend to find out what Bank of America's board knew and when they knew it during the Merrill Lynch merger.

As Francisco Blanch of Bank of America Merrill Lynch points out, OPEC has not yet responded with extra supply to tame prices.

"We won't go out of business if we have too few airplanes, " CEO Gary Kelly told analysts at the Merrill Lynch conference.

So far in 2010 there have been 343 new authorisations for $178bn in buy-backs, according to Bank of America Merrill Lynch.

On Thursday, Merrill Lynch (MER, Fortune 500) reported its fourth straight quarterly loss.

However, Sheryl King, an economist at Merrill Lynch, fears "it is a one-quarter wonder" .

Born in 1669, by the end of the century Lynch had settled in France, having left Ireland in 1691.

Merrill Lynch expects further weakness for the copper market in 2007 with the price expected to average $5, 292 a tonne this year.

More than 60 percent of fund managers surveyed by Merrill Lynch believe global corporate earnings can rise by 10 percent in coming months.

Think of Peter Lynch, a famous money manager, looking for his elusive 10-bagger, a stock that goes up 10-fold.

Marc Lynch, an American scholar and blogger with ties to the Obama administration, believes there is.

Jonathan Lynch, professor of plant nutrition at Penn State.

However, Mr Lynch is confident improvements will come soon.

Lynch then collaborates with plant breeders.

Merrill Lynch and the Royal Bank of Scotland tripled their money from investing in Bank of China.

'I can't help but compare Dick Fuld [the Lehman boss] and John Thain of Merrill Lynch.

Yue Yuen has hired Morgan Stanley and Merrill Lynch to advise on the listing.

Lewis had long wanted to acquire Merrill Lynch and conquer Wall Street.

Inside Merrill Lynch and AIG, senior executives worried as far back as 2005 and 2006 about their firms' exposure to the mortgage market.

The show continued and Ella Scott Lynch then played her role of Hayley Smith.

"FX [foreign exchange] is becoming a big issue for asset allocators, " said David Bowers, consultant to Merrill Lynch.

The Kuwait Investment Authority ranked second with $19. 9bn in deals, including stakes in Citigroup and Merrill Lynch.

Deutsche Bank and Merrill Lynch have each done more than 20, worth several billion dollars.

By this conservative measure the planet has about 10m millionaires, according to Capgemini and Merrill Lynch, a bank.

Ms. Ren was hired as chairman of Merrill Lynch's China investment banking business in February 2007.

In 2007, his high yield and large cap funds -- in similar amounts -- were managed by Merrill Lynch &Co.

But in fact, CEO Larry Kellner told the Merrill Lynch conference, "We didn't see a customer shift. "

Figure 4. 7 shows how the Fed Funds rate lags Merrill Lynch's MOVE Index, which is a measure of fixed-income volatility, by three years.

"The sense that we have here is that videos have become briefer, " said John Lynch, director of the Vanderbilt Television News Archive.

Peabody rates Merrill Lynch a "sell, " and told Reuters, "we wouldn't touch Merrill here. "

After the deal's announcement, Merrill Lynch analyst Denise Chai raised her target price for Li Ning stock by 25% to HK$32.

This Lynch law was complicated with mistakes.

I strongly recommend all of Peter Lynch's book esp. this one and One up on Wall Street.

Now an executive with Merrill Lynch in San Diego, he worked in Dennis's unconventional office environment from 1982 to 1989.

The whole vibe of the movie is disorienting, which is exactly how David Lynch likes it.

Of all the days to pull a crazy stunt. . . Mrs. Lynch hasn't seen him since early this afternoon.

It costs about $20 to $30 a metric ton less to ship ore from Australia than Brazil, Merrill Lynch said in July.

MERRILL LYNCH: "Tell me about your life from kindergarten onwards . "

Merrill Lynch bankers have to work a half hour longer before they can catch a company-paid taxi home.

Barnes &Noble CEO William Lynch has been keen to point out that $50 nabs you twice the RAM and storage.

In 2006, Merrill Lynch made more than $1bn in so-called "principal" investments on the Pacific Rim.

Francisco Blanch, an analyst at Merrill Lynch, calculates that a 50% increase in the wholesale price of petrol reduces demand by only 1%.