Word: dropping
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...Summer Games yet spent an enormous $40 billion. London originally planned to spend $8 billion for the 2012 Games; the current estimate is $19 billion and rising. "Once the Games leave town, there often isn't much to celebrate," says Humphreys, noting that host countries nearly always experience a drop in GDP growth in the year after the Games. (See highs and lows from the 2008 Beijing Games...
...There was a pretty significant drop between 2007 and 2008, and now in 2009 it's leveled off," says Cindy Fornelli, executive director of the Center for Audit Quality. "I think it's stabilizing, which is good news...
...government spending winds down, we should start getting stronger growth from other parts of the economy," says S&P's Wyss. "But our rate of growth is still probably going to slow because of the drop after the stimulus." And of course, there's that lingering anxiety over what happens if the stimulus ends and the economy is too weak to generate growth...
...light of the fact that the university has experienced a 30 percent drop in its endowment and a decline in tuition and donation revenue, it is admirable that it has managed to keep financing for the housing project in order. We have been told repeatedly over the past few weeks that recovery from the financial fallout will not be rapid or easy. It is heartening that, despite this reality, the university remains committed to this massive endeavor...
...flimsy but in-your-face blue sign near the entrance displays one of Khomeini's best-known declarations: "We will stand until our last breath, last house, last drop of our blood to elevate the word of God." The shrine's interior, reminiscent of an airport hanger, reflects the Imam's austere outlook. During his rule, Khomeini received all manner of dignitaries in a bare room at his daughter's modest residence in the theological center of Qum, and refused to eat anything more extravagant than fruit, yogurt and rice. In contrast, his sarcophagus has now been enclosed within...