Word: frozenly
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...shocked to see the results of a similar survey they ran three weeks later, between Sept. 26 and 29. Thity-seven percent of companies said that as a result of reduced access to short-term credit, they had cut capital spending during the previous month. Twenty-six percent had frozen or reduced hiring, and 22% had considered layoffs. Ten percent had reduced inventory, and 7% had contemplated closing stores or factories. Workers and customers of the world, those are effects you'll feel...
...Depression 2.0 Can Still Be Avoided At the moment, a reworked bailout deal seems likely to pass. But the world may still be heading for a severe downturn. Interbank lending remains stubbornly frozen, despite the Fed's liquidity fire hose. With WaMu and Wachovia wiped out, the stampede out of bank stocks and bonds will surely claim new victims. As the recession bites, Main Street firms will start going bust too. And the impact on the $62 trillion market for credit-default swaps could be explosive...
...though the next presidential administration may prove friendlier to stem cell research, funding for the National Institutes of Health has been frozen in recent years, meaning that it has declined in real terms...
From 30,000 ft. in the air, the Greenland ice cap seems impregnable, nearly 800 trillion gal. of frozen water locked safely away. But get closer and the cracks begin to emerge. Dancing by helicopter above the mouth of the Jakobshavn Glacier, near the western coast of Greenland, you can make out veins of the purest blue meltwater running between folds of ice. What you can't see is Jakobshavn's inexorable slide toward the sea at 65 ft. to 115 ft. a day--an alarming rate that has accelerated in recent years. As the glacier nears the coast...
Greenland is the front line in humanity's battle against climate change. The warming that is easy to dismiss elsewhere is undeniable on this 860,000-sq.-mi. island of fewer than 60,000 people. More and more of Greenland, whose frozen expanses are a living remnant of the last ice age, disappears each year, with as much as 150 billion metric tons of glacier vanishing annually, according to one estimate. If all the ice on Greenland were to melt tomorrow, global sea levels would rise more than 20 ft.--enough to swamp many coastal cities. Though no one thinks...