Word: downes
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Dates: during 2000-2009
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While a little inflation is considered normal and healthy for growing economies, a prolonged deflationary period is a recipe for economic misery. Falling prices drag down corporate earnings, wages, consumer spending and investment by businesses, and can lead to a deflationary spiral like the one the world experienced during the...
But Jesper Koll, president and CEO of Tantallon Research Japan, argues that when falling prices are factored in, the country's nascent recovery is weaker than recent positive GDP growth numbers suggest. "We've got the consumer price index falling by 2.5%, wages falling by about 2.0%, winter bonuses falling...
Over 150 students marched and tore down a mock brick wall outside Massachusetts Hall yesterday to protest what they said were “fundamental gaps” in the University’s recent online statement of commitment to increase access to new health technologies in developing countries.
Eating is as universal and timeless a human experience as exists. Food has always been much more than just sustenance. Throughout human history and across the full range of human cultures, food has always been not just a vital necessity and visceral pleasure, but a social unifier and a cultural...
Fried catfish and a rich gumbo, even more directly communicative of the history of the culture that created them, followed. Catfish—a dirt cheap, bottom-feeding fish generally looked down upon by most cuisines—is a Cajun favorite. Moist, tender, and succulent, the fish can hold...