Word: averting
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...Likewise: Seven hundred billion to avert the collapse of the world economy and a new Great Depression? Sure. Seven hundred billion to avert a recession? People are reasonably going to doubt that. Economies have recessions; you don't necessarily go into hock and restructure the economy every time that happens...
...bruising power struggle between Mbeki and Zuma, that was finally resolved in Zuma's favor last December. Later in the day, Mbeki's office issued a statement saying that the President would "step down after all constitutional requirements have been met," an act of capitulation that could avert political crisis ahead of a general election that is set to take place next year...
...that would keep it in contention for English and European honors, and then disaster struck as a run of disastrous form saw the club miss out on Champion's League qualification. The resulting loss of projected revenues forced an emergency sell-off of star players, but that failed to avert a financial collapse, and the once mighty Leeds United now languishes in England's third-tier league. Just as wealth and success on the field go hand in hand in today's pro soccer, so can disaster on the field bring disaster at the bank...
Consumer confidence is at an all-time low, and many Americans are struggling to avert foreclosure as they fork over $4 a gallon for gasoline. That's why the U.S. economy has grabbed center stage this campaign season. The ultimate test: How would the candidates put more money in your pocket while dealing with a record estimated budget deficit of $482 billion? Here's where the candidates stand on four key issues: [This article contains a table. Please see hardcopy of magazine.] DEMOCRAT REPUBLICAN Barack Obama John McCain 'The core of our economic success is ... each American...
...been an impressive performance, especially coming from a member of the lame-duck Administration of an unpopular President. What's not at all certain, though, is whether it's all going to work - to revive housing, prevent recession and avert a future mortgage bailout of epic, trillion-dollar proportions. The candidates for President are watching closely: both Barack Obama and John McCain have generally endorsed Paulson's actions, but it's clear that - with Obama's candidacy propelled in part by economic discontent - McCain has a greater stake in the current Administration's success. Either way, the next President...