Word: downturn
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...People already feeling, or merely anticipating, the negative impact of recession have taken to stealing ... at the very time retailers also suffering from the downturn have had to cut back on security staff," says Joshua Bamfield, director of the Britain-based Center for Retail Research, which documented the findings in its annual Global Retail Theft Barometer. "In addition to the usual criminals, you have lots of newcomers to stealing who figure they don't run much risk at getting caught, won't pay much of a price if they are and justify their action on the hard times...
CGS’s Heiser said that the global downturn may also have contributed to the fall in international students, who must be able to bear the cost of an American education...
...stubbornly clinging to pledges of fiscal austerity. Major spending cuts have been rendered unrealistic by the current economic climate. Falling real wages and low business investment mean Japan's recovery is fragile. A recent Nikkei newspaper survey showed that 38% of top Japanese executives rated the likelihood of another downturn next year as high or somewhat high. The biggest risk, cited by 69% of respondents, was "the effect of fiscal stimulus measures wearing off." Hatoyama appears to be willing to continue stimulus spending under the circumstances even if that means more red ink. He has learned a lesson from...
...just say the evidence is mixed. There's lots of research showing that the economies of countries with vibrant financial sectors grow faster than those of countries without them. So banks and financial markets do enable prosperity. But as we emerge (we hope) from a deep economic downturn brought on by a banking and financial crisis, that's not enough of an answer. We need to know whether the financial sector's profits, and its paychecks, can leave the rest of us worse off. In other words, are bankers worth...
...lovers. “As if remembering Olga María had injected us with renewed passion, something delicious, something I’ve never felt before.” Rivera’s increasingly sick obsession with her friend’s trysts coincides with the deepening psychological downturn that allows her to formulate political theories and presumed exposés of evil. The more Rivera’s psychological state deteriorates, the more elaborate her theories become; however, amidst the nonsense and rants that Rivera produces, it becomes horrifyingly apparent that her theories are actually truths...