Word: glut
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Dates: during 2000-2009
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...glut of offices, condos and hotels threatens builders and lenders. Coca-Cola is under pressure again. Grim reapings for farmers...
Amid the incessant procession to the disabled list and the glut of deflating defeats, however, there were several bright spots for Harvard...
...landscapers and decked out in tents and stages and banners, they become the centerpieces of the school’s famed pomp and circumstance, the sacrosanct, stately grounds of the old academy where Latinate phrases and laminate cards, heartfelt hugs and Kleenex, and clicking cameras abound. Of course, the glut of decoration aside, the scenes those cameras capture seem more real, painfully, bittersweetly real, than anything else that happens at Harvard. But what those graduation photos miss is a piece of reality underneath it all, the beautiful truth of Harvard beneath all the chairs and the caps and gowns...
...would hurt some producers much more than others. Guillermo Bedregal Gutierrez, the Bolivian Planning Minister, says the fall in tin prices could cost his poverty-ridden country $180 million a year in lost foreign-exchange earnings. But Thailand and Malaysia have managed to cushion themselves against the recent market glut and falling prices by steadily diversifying their economies...
OPEC's troubles and the world oil glut are especially hitting Saudi Arabia, the organization's biggest and richest producer. Saudi output has dropped from a peak of 10.3 million bbl. per day in 1981 to 2 million bbl. per day in June, its lowest level in 20 years. Britain, a relative newcomer to the ranks of big-time producers with its North Sea fields, is pumping more oil than Saudi Arabia...