Word: digitalizing
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Dates: during 2000-2009
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...there are early signs that the massive influx of government spending is already accomplishing its main goal: easing China's economic slowdown, which has been headlined by double-digit declines in exports, thousands of factory closures and the layoff of about 20 million workers. Economic statistics for the first quarter of 2009 were surprisingly positive, leading some economists to conclude that the rate of contraction was slowing and that China might be on the road to recovery. Power-generation and transportation statistics, key indicators of the economy's direction, registered modest increases in March after months of decline. Banks lent...
...final performance at the helm of the Crimson offense against Yale in The Game, Pizzotti looked like an NFL-caliber quarterback. Up against the nation’s top defense in terms of points allowed, in addition to driving 30 mile-per-hour winds and single-digit temperatures, Pizzotti led Harvard in a convincing 10-0 victory over the Bulldogs.But as decisively as the season ended, the beginning was not so clean.In the Crimson’s annual night game against Holy Cross to kick off the 2008 campaign, Pizzotti committed four turnovers. But heading into the fourth quarter down...
...clock when senior Ryan Barnes pulled down his third interception of the day—this one in the endzone to seal the victory. The win at Franklin Field set up Harvard for a shot at the Ivy title against Yale in the 125th edition of The Game.The single-digit temperatures and 30 mile-per-hour winds stalled the Crimson’s potent passing offense, as Pizzotti was just 12-for-21 for 109 yards on the afternoon.With Harvard forced to turn to its running game—a weakness for the team all season—Gino Gordon...
...clock ticked down to zero, the reality set in. An underdog Ivy League team had just overturned the high-flying Eagles, and did so in a double digit, 82-70 win. The Crimson topped a ranked team for the first time in its existence...
...counters that everything he has done is in Taiwan's best interests, especially concerning the economy. The global financial crisis hit trade-dependent Taiwan especially hard. Exports in April plunged a staggering 34% from the same month in 2008 - the sixth consecutive monthly double-digit decline - as demand for the island's computer and electronic equipment shriveled in the U.S. and Europe. The government expects GDP to contract 3% in 2009; some private estimates predict worse. The severity of the crisis brought new urgency to the effort to improve ties with China in order to capitalize...