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Word: claim (lookup in dictionary) (lookup stats)
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...curtail household expenses." Srinivas says a lot of people are in similar straits. Out of India's middle class of about 90 million people, some 20-30 million have taken on more debt than they can handle, he estimates. Rising rates of loan defaults appear to back up the claim. For example, nonperforming assets at ICICI Bank, India's largest private lender, rose to 1.8% of total assets in the quarter ending in June, compared with 1.35% a year earlier...

Author: /time Magazine | Title: The Wages of Consumerism | 10/2/2008 | See Source »

...compelling pitchman for near absolute power to help his former Wall Street colleagues; his public warnings that disaster was imminent but that the evidence had to remain secret were reminiscent of antiterrorism officials who raised the threat level to orange but refused to tell us why. Even the old claim of a rare bipartisan agreement didn't move the needle, chiefly because the approval rating of Congress has drooped to the teens...

Author: /time Magazine | Title: How They Failed Us | 10/2/2008 | See Source »

...amber is 21. That's the advantage Obama currently holds over McCain (59% to 38%) among voters making less than $50,000 a year. In 2004 lower-wage voters in Colorado split their votes evenly between Kerry and Bush. The Obama campaign would be all too happy to claim the larger percentage this time around...

Author: /time Magazine | Title: Can Obama Turn Colorado Blue? | 10/2/2008 | See Source »

...blame the bill's defeat in part on House Speaker Nancy Pelosi's partisan speech before the vote didn't help his sinking standing; it was derided not just by Democrats, but also by his Republican colleagues (John Shaddeg of Arizona minced no words, calling it a "stupid claim...

Author: /time Magazine | Title: The Bailout Spotlight Returns to the House — and John Boehner | 10/2/2008 | See Source »

...with the Times, Ali seemed cheerfully fatalistic about the prospect of tangling with the world's naval superpowers: "We know you only die once." Rumors flew that three pirates had already perished during a shootout stemming from a disagreement over whether to surrender, but the pirate spokesman dismissed the claim. He said the marauders onboard would withstand the siege, and didn't seem in much of a hurry to defuse tensions. In the meantime, he said, they would take meals alongside their hostages and celebrate the Muslim festival of Eid, which marks the end of Ramadan...

Author: /time Magazine | Title: A Brief History of Pirates | 10/2/2008 | See Source »

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