Word: debts
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Dates: during 1990-1999
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...their confidence can depress the economy. Consumers are clearly stressed out by being overextended and the perception that job prospects and income growth are very poor. The Federal Reserve Board will probably have to lower interest rates sometime early next year. That may ease some of the consumer debt burden and might encourage companies to hire more workers." The report, based on a nationwide survey of 5,000 households, showed that the consumer confidence index fell to 98.7 in December, down from 101.6 in November...
...protest began on Nov. 24 with a one-day general strike by civil servants. The movement snowballed when employees of the debt-ridden national railroad, protesting plans to restructure the company, launched an open-ended work stoppage. They were soon joined by mass-transit workers, mail sorters and state utilities workers. The result was cities snarled with traffic jams and millions of people forced to walk, bicycle or hitchhike to work. The economic cost to the country is hundreds of millions of dollars...
...University currently has net assets of $8.7 billion--$7 billion in its endowment and $1.7 billion in other assets. Harvard has outstanding debt of $1.2 billion, with average annual interest of 6 percent...
...effect, instead of having a large rollover for its committee fund, the council found itself saddled with debt this year...
...film opens on a black screen with Zahedi (Bobby) nervously asking his crew, D., Steve and Greg, who all play integral parts in this film, if they've begun rolling. As the blank screen fades into Bobby delivering a monologue, the debt to Woody Allen is evident (Allen often prefaces his movies by explaining his intent to the audience, most notably in "Annie Hall...