Word: globalization
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Dates: during 2000-2009
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...Fuel costs may have been a culprit, but the major problem the airline faces is that it sees no signs of improvement in the economy. BA's CEO said, "The prolonged nature of the global downturn makes this the harshest trading environment we have ever faced and, with no immediate improvement visible, market conditions remain challenging." (See pictures of Heathrow's Terminal...
...billion for the last quarter of 2008. The company was well on its way to taking in $180 billion in government money. In return, taxpayers got 80% of AIG and a few promissory notes that are not worth the paper that they are written on. (See pictures of the global financial crisis...
...global consequence. [Laughter.] Right. Or talked about, or, you know. I mean, that's sort of like, Oh, gosh, they're talking about that? That's the ... you know, it's the anonymity of just living your life and making choices and decisions, and moving through the world without sort of constant commentary. That was nice. [Laughter...
...minister before becoming president in 2003. He was re-elected to the five-year office last year. The Czech president is no stranger to controversy. A dogged critic of all things E.U., Klaus most recently likened the bloc to the Soviet Union. He is also a rare yet prominent global warming doubter - he does not believe that climate change is caused by man and has called costly measures to curb it a waste. (See pictures of Victory Day in Russia...
...what was once a promising new market for U.S. gaming companies has in the last 18 months become a money-sucking crap shoot. Recession and the global credit crisis have turned some bottom lines red, while major new projects have been shelved due to lack of financing and an uncertain business outlook. The latest hard-luck story: MGM Mirage. This week, the Las Vegas-based company disclosed that New Jersey gaming industry regulators object to its Macau joint venture partner, raising the possibility that MGM Mirage could pull out of the market. (Watch a video about Macau's gambling boom...