Word: drops
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Dates: during 2000-2009
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...Finally, the seemingly unprecedented drop in prices together with increased default rates made it nearly impossible to assign value to MBS. As a consequence, MBS that had some intrinsic value were illiquid, and banks were forced to keep the toxic assets on their balance sheets...
...tube to Temple by the Thames River. It's just a short stroll through Temple Gardens to his chambers in the Inner Temple, a campus of tree-lined courtyards, fountains and gardens where the legal profession has hung out since the 13th century. Visitors can stroll around or drop in at the 12th century Temple Church. (See pictures of London...
...that shunning Belarus has not worked. "Isolation is perceived to have failed as there has been little change in the political structure of the country or moves toward democratization," says David Marples, a Belarus expert at the University of Alberta in Canada. With Russia badly hit by the sharp drop in the price of gas and oil, it's also a good opportunity to increase Europe's influence in the region...
...vote followed accusations that one of Topolanek's aides had tried to pressure the Czech public television broadcaster to drop a program criticizing a former member of the opposition Social Democrats who had decided to back the coalition. But the toppling of Topolanek is not just a Czech issue. With the Czechs currently holding the presidency of the European Union, the consequences of this vote could resound far beyond Prague and deep into Brussels. (See pictures of Prague...
...Monetary Fund, its currency has been in free fall. Since the beginning of this year, the Hungarian Forint has slid 19% against the U.S. dollar, and 13% against the Euro. The government now predicts the economy could shrink by 3% this year, a modest estimate compared to the 7.5% drop predicted by some analysts. (See pictures of the global financial crisis...