Word: bulks
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Dates: during 2000-2009
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...China's booming trading hub of Ningbo, troubling symptoms abound. The Baltic Dry Index, which tracks the cost of shipping raw materials, has plummeted from an all-time high of 11,793 last May to below 800, a 22-year low. The daily rental rate for the largest bulk carriers plunged from $234,000 last summer to less than $3,000 in early December, a staggering 99% reduction. "The violence of the drop is more extreme than anything we've ever seen before," says Jeremy Penn, chief executive of the London-based Baltic Exchange...
...divisive ethnic vitriol is further fueled by political calculation. Nationalism sells - as Dodik's and Silajdzic's parties learned in recent local elections, when they won the bulk of the vote in their respective constituencies. The politics of ethnocentrism props up the parties that really don't have anything else to offer the populace. The economy has been in deep trouble even before the international financial crisis. Unemployment and corruption are among highest in the region. Basic goods suffer from inflation. According to a recent study, about 70% of Bosnians below the age of 30 have abandoned hope...
...Though he has yet to file anything in federal court - no indictment has actually been returned against Blagojevich - Genson did hint at part of his strategy in Springfield on Thursday, saying the wiretaps that make up the bulk of the more salacious charges facing the governor were illegal. The evidence gathered in the taps, he said, was "illegally obtained" and should not be considered. He has also argued that all Blagojevich was doing was talking, not committing a crime. (Read TIME's top 10 political lines...
...they can operate most efficiently. At the last Faculty meeting, Smith asked professors to consider how they could cut 10 to 15 percent of their departmental budgets in anticipation of a FAS budget shortfall of at least $100 million. The day before, Smith had announced a hold on the bulk of current searches for tenure-track and tenured faculty. By early last week, the 50 authorized searches underway for new faculty were confirmed to have been cut to 15. Many staffers said they have not heard news of impending layoffs, and that the possibility seems slim—Holt said...
...much change are schools in for? Duncan, who is particularly attuned to the achievement gap between high- and low-income students, has hinted that he does not approve of the way Illinois schools receive the bulk of their funding from local tax revenue. "It's morally inexcusable that children who happen to be born in wealthier communities, white ones, get a better education than those who live in poor communities," Duncan told TIME last August. "Clearly, as a state, we've lacked the political courage to fundamentally challenge the status quo, not just tweak it at its edges." He added...