Word: distressingly
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Dates: during 2000-2009
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...Legislation that will allow the Treasury to use $700 billion to help institutions in distress is also potent proof of the crisis’ gravity. Betting on the decline of selected financial firms’ stocks, known in finance as “short-selling,” is now banned in the United States and Britain. According to South China Morning Post, Chinese banks were recently told to suspend lending to U.S. financial institutions. The weak dollar caused import prices to surge by 20 percent from last year, which should have helped local enterprises; it has provided an advantage...
...already slowing down. It pulled to a stop a good foot and a half before the man’s twitching form.After craning his neck to judge the damage outisde, the engineer shook his head disgustedly and spat out the miniature window.Felicity had already risen from her seat in distress. Ollie rushed to her side.“Mamma mia!” he said, feeling shocked himself. “Dat manna try to kill himself! Oh my God!”“What a terrible tragedy!” she said breathlessly...
...down the supply chain. "There are people who say you can still export to the emerging economies, especially in Asia," says Jun Saito, director general at the economic research bureau for Japan's Cabinet. "But you can't rely on exports to Asia for very long." This distress was reflected in Japan's most recent Tankan index of confidence among large manufacturers of cars and electronics, which fell to its lowest level in five years...
There's no way to tell during this current distress whether we're repenting or just retrenching. THRIFT-store sales are up. Cars are shrinking. P. Diddy retired his private jet to save on gas. In hard times, people often rediscover the peace that prudence brings, when you try to spend a little less than you have because tomorrow might be worse. But that feels almost un-American; we're optimists by nature, and we've been living large for so long that solvency feels like a sacrifice. It will take some sustained character education--and leadership--to understand that...
...banking sector. "We want to hope that this will improve the resilience of Russia's financial markets in the long term," he says, "although in the near term the process could be painful." Renaissance says it had been in talks for some time and didn't act out of distress. But its move came a few days after the first financial institution fell victim to the crisis, a boutique investment bank and brokerage firm called KIT Finance, which defaulted on its debt when the markets shut down; it was rescued by an investment arm of the state energy giant Gazprom...