Word: downturn
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...still nascent downturn in the British market exposes more than just property investments. The social and cultural value of home ownership in the U.K. makes any slump more difficult to shoulder. The roots of this love affair with property go deep. For centuries, a house of one's own gave an Englishman not just privacy and status; until 1832, those in the countryside had no right to vote without property of a certain value. Small wonder, suggests Stuart Lowe, a housing expert at the University of York, that the English dream of home ownership has become "a deep cultural issue...
...losing their homes. Yet just days later, as Housing Minister Caroline Flint entered Brown's Downing Street home, her briefing notes - inadvertently visible to a throng of press photographers - revealed her own department's fears that "we can't know how bad it will get." Brown knows a painful downturn could help to turf him out of Downing Street. Like many other Britons, he'd like a market that at least lets him hang on to what...
...track the trend in searches on topics such as "breast augmentation," "breast implants" or even "plastic surgery," there has been a precipitous decline in all plastic surgery topics over the last year. What's fueling this downturn? It may very well be related to the predominant income group of visitors to cosmetic surgery sites - U.S. households that earn less than $30,000 per year. In fact, if we look at the search patterns around popular surgeries, over the last year the term "cost" is the most commonly appearing qualifier. We see more searches such as "breast implant cost," "plastic surgery...
...lately, in her own way, Clinton has been reveling in the nation's economic downturn, and the recent struggles of Barack Obama. But the election results Tuesday night may give others doubt about her clear convictions. At the very least, they are likely to temper the crucial support of uncommitted superdelegates, who are crucial to keeping alive her slim hopes of winning the presidential nomination...
...that the current financial crisis “looks like a really bad one.” The event—“The Current Economic Slowdown: Causes and Consequences”—was hosted by the Harvard economics department and intended to explore the recent downturn with “no Harvard politics, just real-world substance,” department chair and moderator James H. Stock wrote in an e-mail. The panel featured Rogoff, an economics professor and former research economist for the International Monetary Fund, and John Y. Campbell, an economics professor...