Word: extention
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Dates: during 2000-2009
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Just keep in mind that real estate is still, to a great extent, a local phenomenon, and renters in some markets will benefit more than others depending on regional economics. Take, for example, Manhattan, the main borough of New York City, whose fate is largely aligned with finance firms. Following mass layoffs, the local apartment brokerage CitiHabitats has already seen a fall-off, with the average rent for a one-bedroom apartment dropping 2.5% in the last three months of 2008, compared with a year before. PPR's one-year forecast show rents dropping in 39 of its 54 markets...
...crisis. The official news agency Yonhap reported that Park was also arrested for a July 2008 posting that said the Finance Ministry had suspended all foreign currency exchanges. Park's lawyer, Park Chan Jong, says prosecutors are alleging that the posting destabilized the foreign currency market to such an extent that an additional $2.2 billion injection was needed the next day to calm the market. (The prosecution itself has not elaborated on the charges facing Park; and the Ministry of Strategy and Finance says it never made such a declaration to the prosecutors.) (See pictures of South Korea's high...
...sport's cuture of performance-enhancing drugs. Mitchell found, to no one's surprise, that steroid use was endemic; still, the Mitchell Report - which was released in Dec. 2007 and which named 89 players, including superstars Barry Bonds and Roger Clemens, associated with drug use - helped quantify the extent of the problem...
...United States takes pride in its democratic system to the extent of feeling compelled to spread democracy across the world. However, to be rightfully applied, democracy requires that the rights of the people to be assured. Police officers ensure that the individuals abide by the law and that their rights are respected. Yet sometimes, the rights of the people have to be protected from the protectors themselves...
...extent of the fraud is still unfolding. Investigators currently suspect that Satyam's founder and chairman, B. Ramalinga Raju, skimmed as much as $1 billion from the company. Raju, who has been arrested, admitted that he falsified Satyam's books and that profits were fictitious for several years. The company's true financial condition will not be known until new auditors KPMG and Deloitte are able to review accounts, which is expected to take four to six months. Even the exact number of Satyam employees is said to be inflated. Although Satyam claims to have 53,000 people...