Word: dismalness
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...Though it doesn't change the dismal bottom line, there is a difference between the current slide and the one that eviscerated markets last week. The earlier rout was caused by continuing fears that governments were not sufficiently committed to prevent the world's finance and banking sector from collapsing - worries temporarily allayed by rescue plans announced over the weekend in Washington and Paris, and detailed in trillion-dollar-terms Monday. But the confidence those measures inspired in global markets has given way to more classic concerns among traders of a looming economic downturn - or quite probably recession - undermining...
...meant a two-year parenthesis of somewhat cooler Washington-Rome relations, as center-left Prime Minister Romano Prodi, an opponent of Bush's Iraq policy, came to power in Italy. By the time Prodi's government collapsed and Berlusconi returned to power last spring, Bush was already registering dismal approval ratings, and heading toward the lower rungs in the historians' presidential ratings game...
...strategy that caused the economic crisis gripping the country. But the economist - whom the Nobel committee recognized for his "analysis of trade patterns and location of economic activity," which helps explain why certain countries excel in international trade - has long been considered one of the brightest lights of the dismal science. He will receive $1.4 million for the award, which will be given in Stockholm...
...young woman remains indefatigably chipper. And that's just the beginning of Leigh's film. As it develops she brings her good cheer to all kinds of situations - an encounter with a homeless man, a bully in her classroom, a difficult relationship with her more bourgeois sister and her dismal husband. Poppy's peppiness sustains her in other, less dramatically pointed ways as well. Like a lot of single working women, she makes a life with her girl friends - disco dancing, afternoons in the park, modest attempts at self-improvement - that to a degree compensates for their lack of romantic...
...talks had not produced an agreement. Analysts for the credit rating company A.M. Best have downgraded their outlook for insurance companies, but they say the companies have weathered the financial crisis better than banks and investment houses so far. While warning that "nobody is immune" in such a dismal financial market, analyst Tom Rosendale says customers aren't facing an immediate collapse of the major insurance companies. "At the end of the day," he says, "I don't think people should be panicking about their insurance companies just...