Word: april
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...Capone: April 15 AGAIN...
...When the Beijing students started gathering at Tiananmen that April, Hong Kong was galvanized. Local stars held fund-raising concerts and closed them with the song "We Love Freedom." News appeared incessantly across all media. Huge marches and rallies were held. "Eastern Europe is changing," I overheard someone telling my mother at the time. "When will China...
...overextended American consumer is tapped out. The "green shoots" crowd - those believing global recovery is nigh - drew special encouragement from a 2.2% rebound in real U.S. consumer expenditure in the first quarter of 2009. That encouragement is about to be dashed. Outright contractions in retail sales in March and April point to a renewed decline of at least 1% in real consumption in the current quarter...
This all adds up to a sense of rising crisis. "Don't lead us back to war," beseeched the country's biggest newspaper, The Nation, in a front-page editorial on April 10. The same month Annan warned of a dangerous "impasse." On May 10, former U.S. ambassador to Kenya and new Assistant Secretary of State for African Affairs, Johnnie Carson, made talks in Nairobi with Kibaki and Odinga the focus of his first trip to the continent since his appointment by President Barack Obama. His message: Washington was "deeply worried" about the possibility of more violence...
...that Americans are still feeling the effects of recession the unemployment rate hit 9.4% in May - and choosing to tap credit lines less. Commerce Department figures from earlier this week show that people are now saving 5.7% of their disposable income, the highest rate in 14 years. In an April survey of senior bank-loan officers, the Fed found that demand for loans from households was down in almost every category. (Watch TIME's video of Peter Schiff trash-talking the markets...