Word: forecast
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...concern is that the contraction in demand will take place before the fiscal policies have time to take effect." To an economy heavily dependent on exports, that period between stimulus and response could have significant implications. With up to 2.5 million migrant workers in the Pearl River Delta forecast to lose their jobs in the coming months as the worldwide economic crunch deepens and many already flooding back home to their villages, some political analysts have expressed concern that social unrest in rural areas could worsen...
...fancy way of saying it has a beginning, a middle and an end. We always cover that story, and this year was no exception. In fact, in October 2006--more than two years before Election Day and four months before Barack Obama even declared he was running--we forecast the final chapter: Joe Klein's prescient cover story, "Why Barack Obama Could Be the Next President...
...good gauge for potential electoral trouble in Florida - the level of lawyer activity - doesn't seem to forecast a tropical vote storm. Mind you, the lawyers are out in force, as they always are here, but they aren't yet expecting a major fight. "I don't think there is anything that is visible at this time that we can anticipate would be materially contestable," says Barry Richard, the Tallahassee attorney who represented Bush during the 2000 recount but isn't representing any side this time. (Richard, ironically, is a lifelong Democrat who is voting for Obama.) "Florida could...
...lenders and developers--is that you will not see a residential construction crane in the sky in downtown Miami for a generation," says Peter Zalewski, a real estate broker and founder of Condo Vultures, a realty-intelligence service. "Well, at least seven years," he says before modifying his forecast yet again. "Let's go with a decade," he finally concludes...
...Meanwhile, an appreciating currency?the yen hit a 13-year high against the dollar on Oct. 24?is hurting Japan?s exporters. This week, Honda cut its annual revenue forecast for the 2009 fiscal year to $5.2 billion, a 19% decline compared with FY2008 results. Sony announced that its profit dropped 72% in the first half of the year. Help may be on the way. But Aso must convince a divided Japanese parliament to pass his stimulus package amid growing skepticism that it will be too little, too late...