Word: drops
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Dates: during 2000-2009
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...There have been a number of estimates as to the financial effects of a pandemic. Some range as high as a 5% drop in global GDP. The calculations that would go into an exercise to come up with a reasonable guess would require more work than the entire length of the recession would allow. But, a pandemic is a long shot for several reasons. The most obvious reason is that healthcare and disease monitoring are much more sophisticated now than they were just six years ago at the beginning of the SARS epidemic, which turned out fortunately...
...tighter lending standards. Loans owned or guaranteed by Fannie Mae or Freddie Mac qualify; the two government-sponsored entities cover more than half of mortgages in the U.S. In the first three weeks of the program, Freddie Mac closed about 1,000 of these refinances, though "that's a drop in the bucket compared to what's expected," says Patricia McClung, a Freddie Mac vice president in charge of new products for single-family homes. "The lenders are still putting this in place." (Read a brief history of Fannie Mae and Freddie...
That shift - and a drop in the number of companies telling Watson Wyatt they're planning layoffs - could lead a person to take a rosier view of the economy. "At some point, we're going to emerge from this recession, and companies know they need to emerge with some sort of staff," says Laura Sejen, head of Watson Wyatt's strategic-compensation group...
...gradually I succeeded in establishing contact with my professors, who kindly helped me to find solutions for each course affected by the strikes,” Coman wrote. With more and more universities remaining closed for extended periods of time, Arbuthnott said he was forced to drop a class he initially signed up for and go elsewhere in order to fulfill his academic requirements. “In order to take four full courses and maintain my academic standing, I decided that it was in my best interest to drop some of my classes at public universities which were affected...
...Street—swarms of party-goers celebrated Earth Week, picking up fliers, sampling food, and mingling with representatives from various local organizations. Square restaurants had booths set up, as did the Charles River Conservancy and Green Streets, a grassroots organization that promotes environmentally-friendly transportation. Visitors could also drop off unwanted computers, monitors, and cell phones for recycling at RE/MAX Destiny’s office around the street as part of the organization’s eco-wise realtor program. Zipcar—the car-sharing service founded in Cambridge—was on-site as well, offering...