Word: exodus
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...Gesamtverband, tells TIME. "Our poverty rates date from 2007, before the current economic crisis. Unemployment will rise this year so there's bound to be more poverty." In many towns in eastern Germany local factories have shut down and, since reunification, unemployment rates have climbed to 25% after an exodus of young people looking for work in the west - a far cry from those "blossoming landscapes" former Chancellor Helmut Kohl promised back in 1990. (Read "Kohl Wins...
...with the longer-term earnings potential of these companies. I think the move in financials, mostly over the last four to six weeks, is primarily a sigh of relief. To be more precise, it's about institutional investors repositioning themselves in these stocks. Last year there was a mass exodus from financial stocks, and not just the banks. There was just too much risk, and it was too difficult to navigate through the financial sector to find stocks that didn't have subprime risk or related issues. Even the asset managers got hit by withdrawals and redemptions...
...more prosperous than it was 20 years ago, but it's still far from being a happy place. Its population has shrunk dramatically, falling by more than one-quarter to 230,000 since 1990 as young people have left to find jobs elsewhere. Despite the exodus, and a birthrate that has dwindled to almost nothing, the town still has an unemployment rate of about 14%, double that in the old West Germany. And as a new economic crisis strikes - this time a global one - Halle isn't immune. Its economy has crashed in the past six months. Across the region...
There is certainly reason to be concerned about the exodus from the Middle East of Christians, who once constituted 20% of the population, but whose numbers have fallen to just 2% now. The presence of Christians in the Holy Land is both an important symbol of continuity with the origins of the faith, and a reminder of the multisectarian and tolerant history of Arab and Islamic culture. That culture of tolerance is today under threat from the rise of religious extremism. But clash-of-civilizations pundits and Western leaders like the Pope often ignore how the West helped spark such...
...Throughout the Holy Land, an exodus of Christians is taking place. The official Israeli line is that the Christians inside the Palestinian territories are leaving because the Islamists are harassing them. But Christians deny this. Instead, they blame the Israeli "security fence" enclosing Bethlehem and its nearby hilltop Christian villages which blocks the free movement of Palestinians, Christians and Muslims alike, inside the West Bank. Still, it is nowhere near as restrictive as the closure around Gaza...