Word: downturn
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Helfrich also lost a bundle in the recent downturn--perhaps 75 percent of the money he had made on paper. But because he is involved in volatile stocks, he says, the decline was not a complete surprise...
...literally, the result would be more instability and economic pain for developing countries, not less. Countries do not take IMF loans with all the attached strings if they feel they would be better off without them, and the poor would be the first to suffer from a sustained global downturn. Furthermore, the World Bank funds a number of projects--community lending, health and nutritional improvements, and education for poor children--that achieve a great deal of good in the developing world...
...economic downturn of the Chianti region in the ’70s is, thank heavens, a bygone era. Not so the deluge of so called supertuscans that resulted from the fiasco. Obiter dictum, the word “fiasco” alludes to another bygone era of Italy. One in which an opera singer’s wretched performance was greeted by a barrage of wine flasks or “fiasci” at the offending artist. Hence the fiasco. But I digress. The supertuscan promiscuously blends a veritable smorgasbord of internationally known grape varieties. The veneer...
...McCain has the foresight that if there is an economic downturn, he is willing to change his plan," Snider said...
Since the new initiative is an executive order rather than a change to zoning laws, Shanahan said, the mayor will be easily able to adapt the arrangement if a downturn in the economy threatens development in the future...