Word: direness
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After Cisco, bellwether of tech bellwethers, reported dire earnings news and direr layoffs Monday evening, NASDAQ-watchers cringed for another depressing sell-fest - but the markets shrugged it off. TIME personal finance columnist Daniel Kadlec looks around and sees the mood changing: When bad news no longer surprises, it's time for these markets to start climbing back uphill. At least until summer...
...brutal repression of Falun Gong members. In 1998, after the mistaken bombing of the Chinese embassy in Belgrade, a mistake for which the U.S. apologized many times, the Chinese encouraged street protests in Beijing which threatened the lives of the U.S. ambassador and his family. The situation became so dire that embassy personnel began destroying classified documents for fear that the compound would be overrun. It took personal pleas from high ranking U.S. officials for the Chinese to actually step in and protect the embassy compound. Last but not least, China continues to threaten Taiwan by expanding its surface...
...dire consequences of a stock market decline apply to particular sectors of the economy and the Square is not high-tech sensitive," Laibson says. "It's mostly a destination for students and tourists and I don't think Harvard students are in the hardest hit group...
...Citing ballooning costs and slowing business, the USPS board is considering a truly dire cost-cutting measure: The elimination of Saturday mail delivery...
...vanguard of this conceptualization of soft money is the American Civil Liberties Union (ACLU). Two years ago, the ACLU opposed a forerunner of the McCain-Feingold bill on the grounds that banning soft money would "chill free expression." These same dire warnings were echoed in a New York Times op-ed piece last week where the authors (one of whom is general counsel for the New York Civil Liberties Union) sought to prove that banning soft money is tantamount to "prohibit[ing] speech...