Word: givees
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...pickup, was made by Chrysler - compared with five for GM and four for Ford. A venerable European carmaker, Daimler, had already tried and failed to revive Chrysler. Its current owner, the private-equity fund Cerberus, had spent months of fruitless globetrotting in search of another car company willing to give...
...What housing "bulls" do not want to admit is that people who have underwater mortgages will often give up on the opportunity to keep their homes because they see no financial future in staying. They may never get any equity from their residences. They are probably better off to rent under the circumstances and move back into the housing market when it begins to recover. Some owners have been burned so badly that they may rent for life. That in and of itself will keep demand for home purchases low. (See pictures of the housing crisis...
...There are always new activities,” Feldstein wrote, “and this will certainly give me more time for other things...
...scattered against spired churches in the largest car-free city center in Belgium. "We wanted our goal to be easily achievable - it's not hard to skip meat one day a week," he says. "And we wanted it to be something the population could rally behind. If you give people the correct information about meat, it becomes an easy ethical decision." (Watch an interview with PETA founder Ingrid Newkirk...
...Although Medvedev did not give a new estimate for the GDP decline in 2009, he said this year's budget deficit will be at least 7% of GDP - "and that's an optimistic forecast." On Friday, government figures for the first quarter showed the economy shrank at an annual rate of 9.5%, a radical revision after officials forecast in February that Russia's GDP would decline by only 2.2% this year. The International Monetary Fund has predicted that Russia's GDP could drop as much as 6% this year. "In 2009, unfortunately, we expect a sharper fall...