Word: drops
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Dates: during 2000-2009
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...meeting her mother Deborah in heaven; and after 10,000 years telling Lily she was not to blame for her death, Deborah would spend the next 10,000 fixing the girl's ratty hair. ("She would brush it into such a tower of beauty, people all over heaven would drop their harps just to admire it.") The movie doesn't make a big declamatory deal of this, but after a few days with the Boatwrights, Lily looks magically presentable, pretty - because for once she's been cared...
...Thursday brought dreaded confirmation that markets look set to remain in tank mode until they find reason for taking heart anew. In addition to the 11.4% slump of Nikkei - its biggest single-day drop since the October, 1987 crash - trading Thursday elsewhere in Asia pushed Hong Kong's Hang Seng down 4.8%, South Korea's down 9.44%, and Singapore Straights Times Index down 5.5%. Europe faired no better, with London's FTSE 100 and Paris' CAC 40 indices reflecting mid-morning declines of nearing 2.5%, and Frankfurt's Dax off 1.3%. Market commentators warned that trading could see-saw throughout...
...Some leaders have insisted that the E.U. should not waver. French President Nicolas Sarkozy declared that the targets and timetable would be upheld, but offered "solutions" for those having trouble meeting them. "The climate package is so important that we cannot simply drop it, under the pretext of a financial crisis," he said. "If we scale back our ambitions then we count for nothing...
...forced to increase savings, then spending has to drop, and that has ramifications for the stock market and the economy, because it implies we'll buy fewer computers and take fewer trips. With consumers hard-pressed, it is the government that will have to do the spending, says McManus. "Now is the time for us to spend, spend, spend, to make sure people are employed and have money on the table." Both presidential candidates have proposed economic-stimulus packages on top of the $168 billion stimulus Congress passed in early February. At some point, of course, the next President will...
...Rising mortgage rates could also put downward pressure on housing prices, which have already dropped 20% since their peak in July of 2006, according to the S&P/Case-Shiller Home Price index. The increase in mortgage rates means that the average borrower will pay $1,296 a month in mortgage payment for a $200,000 loan. That's $100 more a month, and $1,200 more a year, than the same loan would have cost them a few weeks ago. For buyers on a budget, that means they can afford less house for the same amount of money. Conversely, sellers would...