Word: deeps
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Dates: during 2000-2009
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Congratulations, Toyota. In the middle of a deep recession, when consumers are hesitant to open their wallets, companies have to pull out all the stops to get their attention. But it isn't every day that an unforgettable (or unforgivable?) marketing campaign can drive so many people to distraction, causing them to loathe a usually admired brand...
...frugality that has gripped Japan in recent months might be part of the problem. Analysts see it as symbolic of a deep-rooted pessimism held by the Japanese public, evidenced by abysmally low consumer confidence and the subsequent shuttering of thousands of small- and medium-sized businesses this year. Even if the recession Japan now faces ends up less bad than those in the U.S. and Europe - as some say it might be - the grim consumer outlook has the potential to put off a full recovery. (Vote for your Person of the Year...
...Baghdad would "probably have to push more out towards the perimeter of the city, but I think that we can work through all of that." Still, Pentagon officials continue to express concern about the ability of the Iraqi military to keep the peace as the Americans pull out. Deep historical animosities among Shi'ite, Sunni and Kurdish groups remain, and local troops loyal to a specific sect won't be as capable of defusing tensions, U.S. officials fear. But Hort said that the Iraqi military "has got a tremendous amount of confidence in themselves, and is doing more and more...
...most Republicans the moves don't go far enough. The GOP is asking for assurances that the taxpayers will be repaid - like the assurances given by the banking industry - and for a commission to ensure that the money is spent wisely, especially since all three companies are already so deep in debt (GM alone owes $48 billion). To that end, the GOP wants a change in leadership at all three companies. "I have yet to see any semblance of a plan for General Motors to become viable," Senator Arlen Specter, a Pennsylvania Republican, said on the Senate floor. "General Motors...
...bankruptcy between now and then, the spin would be that the Republicans let it happen," says Greg Valliere, chief political strategist at the Stanford Financial Group, which tracks government actions for private-sector clients. "This is very frustrating. The economy is rapidly decelerating - this will be a long and deep recession - and the political posturing still dominates...