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Word: expectancies (lookup in dictionary) (lookup stats)
Dates: during 2000-2009
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...export-dependent economies of Asia, where concerns about a possible recession are compounded by doubts that the evolving, $2.2 trillion U.S. plan to bail out its finance and banking system will prove effective. For those reasons, some see flightiness reigning in stock markets for the foreseeable future. "I expect volatility to continue for some time as long as confidence hasn't been restored," says Matthew Kwok, head of research at Hong Kong's Tanrich Securities. "Sentiments are quite pessimistic...

Author: /time Magazine | Title: Recession Fears Drive World Markets Starkly Downward | 10/16/2008 | See Source »

...billion into the financial system; the Treasury Department is committed to the $700 billion bailout package in addition to the $200 billion being spent to prop up Freddie Mac and Fannie Mae; rescuing AIG may cost more than $120 billion. With the already lofty U.S. budget deficit now expected to top $1 trillion next year and recession a virtual certainty, you'd expect America's currency to be taking a beating...

Author: /time Magazine | Title: Why the Buck Has Pluck | 10/16/2008 | See Source »

...Defense of Wine's Terroir In "Fifty States of Wine," we have more underinformed pabulum [Oct. 6]. I am no snob, but I expect what's in the bottle to accurately reflect the wine's place of origin, traditions, agricultural history and, yes, terroir, which describes all of the preceding. Neither Joel Stein nor Fred Franzia has enough understanding of the subject to speak of it intelligently and should not be relied on to teach curious readers. David Moore, Moore Brothers Wine Co., Pennsauken...

Author: /time Magazine | Title: Inbox | 10/16/2008 | See Source »

...tell the great American middle class that its problems are not its fault. Or that, whoever may be at fault, the problems can be solved if only we can agree on a tax cut. When in the second presidential debate the candidates were asked what "sacrifices" Americans should expect to make in order to address the financial crisis, John McCain promised to "examine every agency and every bureaucracy of government" and "eliminate those that aren't working," though he didn't name any. Barack Obama said "each and every one of us" would have to "start thinking about...

Author: /time Magazine | Title: The Leader We Deserve | 10/16/2008 | See Source »

...system that has long placed religious studies above science and math (unlike that of the élites, who are often Western-educated). Reforms are under way, but it will be years before Saudi universities are churning out world-class engineers in the numbers the country needs. Nor can businesses expect to simply import employees, which has long been the norm in the Persian Gulf economies: mindful of that youth bulge, Riyadh is imposing a "Saudi-ization" program that requires businesses to hire more locals. It doesn't help that employers don't have access to half the potential workforce: despite...

Author: /time Magazine | Title: The Massive Master Plan | 10/16/2008 | See Source »

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