Word: fasts
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Dates: during 2000-2009
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...just the banking-stock group that benefits by offloading its weaklings. A stock sector known as "consumer discretionary," which includes everything from automakers to fast-food retailers, is enjoying a more bullish earnings outlook too, thanks - you guessed it - to the dropping of GM stock, which had been a load of lead on the sector's profitability. As a result of offloading GM, earnings for the group are expected to rise...
...business has expanded so fast, and with such little oversight, that reliable numbers are hard to come by. There are perhaps 10,000 swiftlet buildings in Malaysia alone, which each year produce 144 metric tons of nests worth $160 million, reports the Malaysian government news agency Bernama. Nests from Thailand's 600 or more condos could be worth another $60 million, according to a 2007 Thai study, "Swiftlet Birds' Nests: Power, Conflict and Riches," by independent researcher Kasem Jandam. Judging by the number of swiftlet condos appearing in many Thai towns, these figures are probably gross underestimates. In Indonesia...
...itself why it faces such opposition in ethnic areas and consider very seriously changing those policies." Otherwise, Xinjiang and similar regions like Tibet might prove inhospitable for all. The retired Han farmer in Urumqi says his faith in Xinjiang's future has diminished. "It's been developing really fast," he says. "But now I don't know. We've never had this before...
That may sound like a cop-out. At least until you consider how many other economic forecasters got it wrong. Dozens of states have found themselves with budget shortfalls, some quite massive, partly because economists weren't ratcheting down expectations of tax revenue nearly fast enough. In late November, the Federal Reserve Bank of Philadelphia's Survey of Professional Forecasters indicated GDP would decline at an annual pace of 1.1% for the first three months of 2009. The economy proceeded to shrink at a pace of 5.5%. (See what to expect when the recession ends...
...from their earlier talk about "unilateral euroization" - using the single currency without going through the rigorous euro accession process - but once the economy settles, joining could be relatively straight-forward. Iceland's debt, deficit and inflation rates currently too high to fulfill the euro criteria - are expected to fall fast over the next few years to meet the entry demands. (See pictures of the Top 10 scared traders...