Word: crunch
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...gaping deficit. "No one even knows if [NAMA] will work because it's never been done before," she says. "All I know is that it won't be the developers or bankers who'll be feeling the pain if it all goes wrong." (Read "Ireland's Economy: Celtic Crunch Time...
...Gribenes have been referred to as Jewish popcorn or kosher pork rinds. It's basically chicken skin fried in schmaltz. They're crispy and mixed with fried onions. I'm telling you, when you have it with chopped liver, it's the most incredible thing because you get this crunch and this surge of chicken flavor. I mean, listen - what's the best part of chicken? The skin, right...
During the dark days of the global credit crunch a year ago, policymakers around the world had a generally easy time coordinating decisions. As asset prices tanked, lending dried up and growth shriveled, governments and central banks were forced to take similar steps - pump up fiscal spending and slash interest rates to support growth and unfreeze financial markets. Now, as an economic recovery emerges, governments are hoping for another coordinated effort to exit from their massive stimulus plans, including near-zero interest rates. That intention was clearly laid out during the September G-20 summit in Pittsburgh, Pa. The leaders...
...public four-year schools and $3,000 at public two-year schools). In fact, after benefits, an average student at a two-year college or university pays nothing in tuition and fees and collects about $500 toward living expenses. (Read "Colleges Learn to Navigate the Credit Crunch...
...certain cruelty to a rise in education costs amid an economic slump: it makes the single most effective tool to help the underemployed and jobless out of their rut become all the more unreachable. Though the government and private donors have stepped in to ease the financial crunch, the runaway costs of higher education threaten to make it unaffordable, especially to those who stand to gain the most from it. As the College Board report makes clear, the real-world benefit of college is not simply academic: the unemployment rate for those with bachelor's degrees is just half that...