Word: hitting
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Dates: during 2000-2009
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Like Ireland, which for more than a decade boasted growth rates three times the E.U. average, Spain's once booming economy has been hit especially hard by the downturn. Spain's GDP is expected to shrink 1.6% in 2009, and the first place that young people feel the contraction is in their purchasing power. "Kids today have grown up with consumerist expectations and feel frustrated when they can't maintain them," says Alberto Saco, sociologist at the University of Vigo. "But more frustrating is what is happening to their expectations about work and housing." (Read: "Ireland's Economy: Celtic Crunch...
...Even if this was just an unvetted marketing blunder, the Post's reputation has taken a huge hit.' RICHARD LEIBY, acting arts editor at the Washington Post, on the incident's impact...
...eligible home-value limit from $417,000 to $625,500--the number of federally insured reverse-mortgage originations jumped 10% compared with the same period last year. Industry experts predict that reverse mortgages will play an increasingly important role in the coming years as some 70 million baby boomers hit their 60s--often with a lot less saved than they'd hoped...
...instance, after Brad Hawpe hit a homerun in the top of the sixth, the nearby fans started chanting “Thow it back! Throw it back!” to which another writer in the press box dismayed, “Come on numbnuts, this isn’t Chicago...
...global economic crisis. A peaceful presidential election on July 8 underscored the feeling that Indonesia, just 11 years after emerging from dictatorial rule, was transforming into a democracy serious about tackling corruption and wooing foreign investors with its stable political climate. (Read "After a Four-Year Calm, Bombs Hit Jakarta Hotels...