Word: calm
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...infusions of capital. GDP numbers issued by the government were also shockingly bad. The economy contracted 6.1% in the first quarter which was more than any of the estimates of sane analysts. This GDP drop followed a drop of 6.3% in the last quarter of 2008. Experts tried to calm the masses by saying that some of the fall-off was due to a dip in inventories. That could mean that as those inventories are replenished in this quarter, economic activity will pick up. The logic is circular to the extent that a poor GDP figure is a sign that...
...Health Organization kept the pandemic alert level at Phase 4, still two phases below a full pandemic. Outside Mexico, the apparent epicenter of the A/H1N1 virus, there have been no deaths confirmed from the flu and relatively few hospitalizations, and health officials continued to preach the need for a calm response. "What we see in the United States, or have been seeing so far, has been milder," said Richard Besser, the acting director for the Centers for Disease Control. (See pictures of the swine flu in Mexico...
...most famous Inaugural speeches in presidential history - does the phrase "The only thing we have to fear is fear itself" sound familiar? - Roosevelt had been in office barely 24 hours when he declared a four-day bank holiday and drafted the Emergency Banking Act, which helped calm a financial panic that was quickly spiraling out of control. By the time he hit the 100-day mark, Roosevelt had instituted the "fireside chat" tradition, called Congress into a three-month-long special session and passed 15 pieces of major legislation - the beginning of what would come to be known...
...From the volatility of global travel, investors sought the calm of safe havens. Both the dollar and the Japanese yen rose against major currencies. Defensive stocks, such as pharmaceuticals, registered healthy gains. Shares in Roche, the Swiss maker of Tamiflu, an antiviral drug effective against swine flu, had climbed almost 6% by Monday afternoon. Rival GlaxoSmithKline, which makes the influenza treatment Relenza, saw its shares rise even higher. (Read: "Swine Flu: 5 Things You Need to Know About the Outbreak...
...deficit into a 6-2 lead. “We were hitting the ball, and when we weren’t hitting, we weren’t getting frustrated,” Brown said. “The batters were trying to make adjustments. They stayed calm, didn’t really press too hard, stayed relaxed, and were able to have some big hits.”The Big Green got within three on a sixth-inning homer from freshman Molly Khalil, but Harvard added some insurance in the top of the seventh, with Henderson singling and coming around...