Word: englands
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Highlight Reel:1.Manufacturing and Labor: When it comes to automotive parts and major equipment in New England, folks ain't interested. Companies there reported double-digit sales declines since last winter, with some firms describing the market as "the worst they can remember." Nearly half of the manufacturers surveyed said they expect their profits to decline through the end of 2009. "The outlook," the Book notes, "is pessimistic." One Boston respondent told Fed officials that the economy's "bearish mood" has even spread to the higher-education sector. Staffing centers are gloomy on the East Coast; says one contact,"Everybody...
Maybe so. But given the much steeper cuts that other central banks are making, the ECB move still seems modest in the face of the economic erosion under way. The Bank of England cut its key rate by one percentage point to 2% today, while Sweden's central bank cut its key rate by 1.75 percentage points. The U.S. Federal Reserve's main lending rate now stands at 1%, the lowest level in five decades...
Great cover - I have no doubt that Obama will step into F.D.R.'s shoes and make America the land of dreams again. David Landau, PEACEHAVEN, ENGLAND...
...illiberal as any Tory government from the past century; official snooping and surveillance that would be totally unacceptable in the U.S.; Iraq and Afghanistan; and the worst recession in 80 years. Realistically, Obama will not be able to achieve as much as the liberals want. Nick O'Shea, DORKING, ENGLAND...
...athletes, road trips are about the game, but when you’re a reporter roving across New England and upstate New York at all hours of the day and night, it’s no longer just about the game—its about the sense for adventure. Over a lifetime of following Harvard hockey and a season-and-a-half writing about it, one experience was still missing before I could feel like I truly understood what it was like to cover Harvard hockey. I had never ventured out into the wilderness of upstate New York to witness...