Word: direness
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...Internet rivals. But while French papers haven't closed down like some American ones, they do face troubles of their own. Overall daily circulation has plummeted from a postwar high of 6 million to just 1.5 million today. The financial situation of most French papers has become so dire in recent years that the government of President Nicolas Sarkozy has decided to augment annual state subsidies to the sector, which amount to between $1.5 billion to $2 billion, with an additional $900 million over the next three years. (See pictures of Sarkozy...
...news: We are nearing a bottom. Housing prices are falling, but not as rapidly. Consumer confidence is up. Banks are earning money. The stock market in April had its best month in nine years. Even Nouriel Roubini, the New York University professor known for his dire economic predictions, thinks we are on the mend. Sort...
...financial future of print publications continues to look dire, other student magazines are following Freeze’s lead into cyberspace...
Last week, Schwarzenegger issued a dire warning to voters that if they reject Propositions 1A through 1E, he will recommend severe cuts to education and social services, take back billions from local government and release nearly 20,000 incarcerated illegal immigrants to federal authorities for immediate deportation. "I understand these cuts are very painful," Schwarzenegger said. "This is the harsh reality of the crisis we face. Sacramento is not Washington. We cannot print our own money ... We have to only spend what we have." (Read about the big race to succeed Schwarzenegger...
...best diplomats walk a fine line between flattery and the Stockholm syndrome. The more dire the situation, the easier it is to lose perspective, to mistake a shift in body language for a breakthrough, to mistake a breakthrough for a solution. And so it was slightly disconcerting to hear Richard Holbrooke, our very best diplomatic negotiator, deploying words like "extraordinary" and "unprecedented" to describe the recent round of talks with delegations from Afghanistan and Pakistan in Washington, during a White House briefing for columnists just after the talks ended. He was flanked by General David Petraeus, who reinforced Holbrooke...