Word: built
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Dates: during 2000-2009
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...only $350. But in most cases this does not matter. As people turn away from debt and toward savings, a house is no longer a good mattress in which to store cash. Perhaps more to the point, with joblessness on the rise and many middle class household budgets built around two people working full-time, it does not take much bad luck to undermine a perfectly compassionate program which also pretends to have the power to keep residential real estate values from dropping at a rate of nearly 20% a year as they...
...government wants to solve the housing crisis because experts have told them, quite correctly, that home prices are critical to the finances of a large percentage of the people in America. After a decade or more of increasing consumer confidence which was built primarily on appreciating home values, most people, even those with jobs, are broke. They have what economists call "negative net worth", a condition which almost always leads to malaise...
...rating agency Moody's warned that it might downgrade a number of western European banks with exposure to the region, the euro plunged to a three month low of $1.26 against the dollar. "Given the combination of banking and trade links between Eastern and Western Europe that have been built up over the past five to ten years, it's clear that this cannot be seen as a self-contained regional crisis," says Neil Shearing, Eastern Europe economist at Capital Economics in London...
...Fire Next Time Ein el Hilweh is the largest Palestinian camp in Lebanon, with 70,000 inhabitants. Built just outside the southern city of Sidon, it is surrounded by walls and watchtowers and looks like a postapocalyptic penal colony from a Mad Max movie - albeit one decorated with posters of Saddam Hussein, Osama Bin Laden and Yasser Arafat. The main Palestinian political parties Hamas and Fatah have carved the camp up like gang turf, leaving a no-man's-land as a haven for dangerous jihadist groups...
...only thing that made Pablo Escobar's blood run cold. Living by the motto "Better a tomb in Colombia than a prison cell in the United States," Escobar unleashed a wave of car bombings and assassinations that forced the Colombian government to water down extradition laws. Cowed officials even built Escobar a five-star jailhouse, with a Jacuzzi, discotheque and fake waterfall, for a brief stint behind bars before the drug lord was gunned down by police...