Word: downturning
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...rift and has tried to foster good relations with the current Administration. But there have been strains. Merkel was critical of the U.S. government's handling of the economic crisis. In return, some voices in Washington accused Merkel's government of stinting on its stimulus programs to combat the downturn. (See 25 people to blame for the financial crisis...
...journalists have filed dispatches from two world wars and multiple other conflicts. For more than two centuries, the paper has not only described and analyzed profound social and political upheavals, but also survived them. Yet the twin challenges of repositioning print media for the digital age and a global downturn in advertising threatened to deliver the coup de grâce. In August, word leaked of proposals to turn the Observer into a Thursday magazine. In keeping with the robustly competitive spirit of British newspaper journalism, the story was broken by the Observer's arch-rival, the Sunday Times...
...profit private tutoring program that funds their philanthropic endeavor, Climbing Ivy, dedicated to serving low-income students. With a commitment to education, community and social entrepreneurship, the Harvard graduates formed their business despite skepticism about offering anything for free during a recession. “With the economic downturn, what better time than now to impact the community in a positive way,” Gardner said. McConnell and Gardner are equally emphatic in their perception of business and education as working hand-in-hand. “Social entrepreneurship is huge,” said McConnell, who added that...
...look to the West for expressions of their modernized selves but can instead draw from their nation’s past. When Indians hear American accents in shopping malls and hotel bars, they no longer accommodate and kowtow. Instead, they ask how Americans are responding to the downturn after causing worldwide economic collapse. My high-school self would certainly have been pleased...
...also expanding in less-developed western regions like Xinjiang and eastern ones like Inner Mongolia, where the company is building its 39th Chinese bottling plant. Bold moves in a downturn? Maybe, but then again, there's precedent. In the 1930s, Coke broke in to 20 new countries and territories, an expansion of 74% from the start of the decade. This decade may not quite be another Great Depression, but the strategy seems worth repeating...