Word: alongism
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Dates: during 2000-2009
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...company's chopstick-optional culinary formula, combined with an upscale ambiance and prime locations, has resonated well with customers and investors since the company went public in 1998. There are now 194 bistros in 39 U.S. states, along with 164 outlets of its more casual line of restaurants, Pei Wei Asian Diner, which launched in 2000. But as with many restaurant chains, the recession slowed the pace of expansion after consumers started ordering cheaper dishes and cooking for themselves at home. The stock fell to an eight-year low of $15 in November 2008 (it has since rebounded to roughly...
...neighbor Guinevere Kirk, a nurse, is also firmly opposed to NAMA. Along with the rest of Ireland's public-sector workforce, she faces a probable wage cut in December when public spending is expected to be slashed in the budget in a bid to reduce Ireland's gaping deficit. "No one even knows if [NAMA] will work because it's never been done before," she says. "All I know is that it won't be the developers or bankers who'll be feeling the pain if it all goes wrong." (Read "Ireland's Economy: Celtic Crunch Time...
...much shining in their own lives, and voted the BJP out. The unacknowledged reality was that the farms hadn't yet joined in India's economic boom. While GDP grew on average 5.7% a year between the launch of India's market reforms in 1991 and 2004, agriculture slumped along at just 2.9%. Indian farming had also become miserably inefficient. Each hectare of cultivated land in India produces half that grown in Thailand. "The government thought that after liberalization, agriculture would grow automatically, that money would go from industry" to the farms, says Shreenivas Khandewale, director of the R.S. Ruikar...
Martínez, who was ousted from the government along with Zelaya after the country's June 28 coup d'état, was apologetic but unflinching about showing the video. "I'd like to tell everyone to come to Honduras and that it's a tranquil place and everything is beautiful, but you think I'd be successful with that message?" he says. "Of course not." Acting Honduran Tourism Minister Ana Abarca, appointed by the de facto government of Roberto Micheletti, and other representatives of Honduras' de facto tourism institute were prohibited from attending the Central American Travel Market...
...Argentina may have long been the unquestioned top dogs of Latin American soccer along with Brazil, but it took a final-minute goal against lowly Uruguay last week to scrape through the qualifying tournament for next year's World Cup in South Africa. It was a moment of desperate relief after months of abysmal performances that had all of Argentina anxious that their team might miss its first World Cup since 1970, a devastating blow for national pride that not even the country's deep love for Maradona could have survived...