Word: downturns
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...live in a pretty simple way. I'm not the type of person who would buy a Ferrari or a very large hat.' ?Ivanka Trump, explaining why she won't be cutting back during the economic downturn...
...Meanwhile, the European Investment Bank is set to pledge $2.5 billion to help the continent's auto industry develop more environmentally friendly cars, according to Reuters. That support could help struggling companies stay in the race to bring greener vehicles to market during a global economic downturn. Fiat CEO Sergio Marchionne summed up the situation in simple terms: "Either [aid] is for everyone...
...small fraction of the estimated 500 staged annually throughout Peru. Many of the smaller plazas are much more hands-on, with spectators jumping the barricades to get a brief shot at playing matador. Spectator involvement may be one reason why these smaller rural arenas were spared the downturn suffered by Acho. Another reason is the price. Staging the bullfights at Acho costs hundreds of thousands of dollars, which is why the price of seats even in the less expensive sunny side of the arena is $50. By contrast, a ticket to a town bullfight in Ayacucho, in the central highlands...
...recent quip that Barack Obama is "young, handsome and suntanned." Two weeks' ago, Berlusconi even played a "peek-a-boo" prank on German Chancellor Angela Merkel, hiding behind a monument as Merkel arrived in the Italian city of Trieste for an economic summit and discussions on the global downturn...
...Brits collectively behaving like Scrooges, unmoved by the government's newly unveiled 20 billion pound fiscal stimulus package and a cut in value-added tax. And unless retailers persuade consumers that redemption - for individuals, for businesses and for the wider economy - lies in more generous spending, Britain's downturn threatens to be steep indeed. According to the British Retail Consortium, retail sales account for a fifth of the nation's economy, with the sector responsible for some 8% of GDP and employing 11% of Britain's total workforce...