Word: blocs
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Dates: during 2000-2009
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...further evidence was needed that the long-dreaded global economic slump is now upon us, the Eurozone - the 15-nation economic bloc that uses the common European currency - was formally declared to be in recession, for the first time since the euro was adopted nearly a decade ago. Oddly enough, Asian and European equity markets responded to the dismal news by posting gains of between 0.5% to 4% throughout...
...familiar refrain across Ireland. After more than a decade of runaway growth, the good times have ended. In September the Celtic Tiger, the best performing economy in the euro zone by some stretch in recent years, became the bloc's first to officially slide into recession. After expanding at three times the E.U. average between 1996 and 2007, Ireland's economy is expected to shrink by 0.75% next year, according to government predictions...
...powerful challenge of right-wing former Prime Minister Benjamin Netanyahu, she may still lack a majority capable of forcing through a peace agreement that will ignite fierce, and probably violent, resistance from militant right-wing West Bank settlers. Israeli democracy has not given any political party or politically coherent bloc a clear majority in parliament since...
...third of Jerusalem's 750,000 population are ultra-Orthodox Jews, another third are a mix of secular and less Orthodox Jews, while the remaining third are East Jerusalem's Arabs. Gaydamak, 56, can forget about winning the ultra-Orthodox vote. It will be delivered in a bloc to Meir Porush, 54, a former Knesset member who has the backing of the city's key rabbis. Says Anat Hoffmann, a former city council member: "When Porush says 'our children,' he doesn't mean Jerusalem's children. He means those of his community. And when he says 'our Jerusalem,' he means...
...putting Scotch rock on the map, all the bagpipes in the world performing “Amazing Grace” couldn’t outplay them. The four-piece group employs the kind of sweeping, heavily produced guitar lines that have made other Commonwealth bands like Muse and Bloc Party famous while capitalizing on moody lyrics and killer accents. The album cover of their eponymous first release, which is actually a collection of songs that they’ve been playing for several years now, seems to say it all—a scene derived from Van Gogh?...