Word: dismall
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...estimate of $587,500 - and several pieces, including paintings by star contemporary Chinese artists Zhang Xiaogang and Yue Minjun, went unsold at the modern and contemporary Asian art sale on Oct. 4. Many say the unimpressive results were a combination of already overinflated price estimates and the dismal economy. "Particularly with the fund managers, if they are concerned with things happening in the world, they may be inclined to hold on to their funds," says Mark Joyce, owner of Koru Contemporary Art in Hong Kong...
...December sales will rise only 2.2% to $470 billion, an increase that would fall well below the 10-year average of 4.4% holiday sales growth and would mark the most sluggish season since 2002, when sales rose only 1.3%. Scott Krugman, NRF spokesman and vice president, says the dismal forecast should surprise no one. "It is surprising that we had a year's worth of bank consolidations on Wall Street in a week, but low consumer confidence isn't," Krugman says. "This was a slow downward progression throughout the year as far as retailers were concerned...
...Each of the bold moves brought McCain short-term political gain, throwing the normally unflappable Obama off his stride and keeping the Republican nominee very much in the presidential hunt in a dismal year for Republicans. But the tactics also contained the potential for long-term political costs by distracting from, or eroding, the central McCain message. By comparing Obama to a vacuous Hollywood starlet, McCain found a coherent critique of Obama but relinquished his own ability to rise above the political maw. By choosing Sarah Palin, he lit a grass fire of GOP enthusiasm but risked undermining his ticket...
...Harvard sailing team encountered both highs and lows in two regattas on a weekend that saw frequent rain and erratic wind. The dismal conditions caused the cancellation of the Boston University Invitational Regatta, as well as a disappointing ninth-place finish in the Hood Trophy at Tufts. The weekend was not without its successes, however, as women’s captain Megan Watson earner a fifth-place finish in the New England Women’s Singlehanded Championship in New London, Conn., qualifying for the National Championship. NEW ENGLAND WOMEN’S SINGLEHANDED CHAMPIONSHIP With a knee injury...
...recently translated into English. Svetlana Boym, a professor of Slavic languages and literatures and comparative literature, introduced Ugresicc as a brave female journalist, writer, and intellectual who, “through humor, through playful writing, offers critical commentary on Croatian nationalism.” In 1991, the dismal conditions of war-torn Yugoslavia motivated Ugresic, a native of that country,c to write critical pieces on the futility and criminality of war. Her anti-war pieces, which were deemed anti-nationalistic, subsequently made her a target for Croatian media and political figures. Ugresicc eventually left Croatia in 1993. She categorized...