Word: faithfulness
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...American consumer has already lost faith in his own ability to buy things. He knows he might lose his job, he might not qualify for a loan, that his house is worthless, and that the local Sears (SHLD) was closed. If he wants to return something he bought at the store, he will need to drive 50 miles to do it. People who have trouble buying things that they need probably do not want to have their problems compounded by worrying about what they should do if something they buy suddenly breaks...
...Green, the director of the Harvard AIDS Prevention Research Project and senior research scientist at the Harvard School of Public Health, drew attention last week when he agreed with Pope Benedict XVI’s statement that the answer to the African AIDS crisis lies in the promotion of faithful partnerships rather than increasing the availability of condoms. “I knew that if I agreed with anything the Pope said it would cause a fire-storm,” said Green. “I took the opportunity to cause an uproar and focus on the evidence...
...Some high-end foreign boutiques like Stella McCartney and Alexander McQueen, which opened in Moscow just a year ago, have also closed their doors. Italian jeans retailer Diesel recently shut all its shops in Russia. Still, if Russia's fashion industry has one thing to put its faith in, it is the Russian consumer's penchant for flair. "It's in the Russian character to be flashy. They'd never go for a simple style. They'd never spend lots of money to look like a street sweeper," says Ageyeva. "That will never change...
...Speaking at the forum, Brown described what he called a "progressive moment," given the fact that the global financial meltdown has shattered the faith of governments around the world in unrestrained free-market solutions, and prompted an outcry for an alternative that places greater emphasis on social justice and care for the environment...
...apart under pressure. There are now divisions forming in the European Union based on whether the countries in that alliance should put larger and larger sums of money into the credit and banking markets and their budgets to help slow the recession, or keep stimulus activities modest and have faith that free market systems will cause the economy to recover on its own without taking the world to Hades in the process...