Word: indexable
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Dates: during 2000-2009
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...Sunday, pledging to spend some 4 trillion renminbi - about $586 billion - on a wide range of moves designed to boost an economy starting to feel the effects of the worldwide financial crisis. The move was widely welcomed by economists and investors. The Hong Kong Stock Exchange's main index gained 3.5% on the following day, while the Shanghai Composite Index soared...
...prospects for a turnaround anytime soon are not good, as companies engaged in recruitment report discouraging numbers as well. Job postings from employers fell in all nine Census Bureau regions in October, according to a report released by the job search website Monster.com, whose employment index slid 10 points last month after rising in August and September. The precipitous drop, said Monster Worldwide's vice president of research, Jesse Harriott, "suggests that U.S. businesses are scaling back their recruitment due to uncertainty surrounding the global financial crisis." Other reports confirm the trend: Almost 30% of executives surveyed by the consulting...
...will be longer than the usual 18 months. The recovery will probably be anemic and for the next few years the U.S. economy is likely to grow below potential. That's the best-case scenario. It suggests that we are many months, and perhaps thousands of Dow index points, from a market bottom...
...pain in property and construction has spread. Estonia's stock index is down 60% in the past year. Tourist numbers have fallen. A third of restaurants in Tallinn's old city center are expected to close in the next few months. It doesn't help that a diplomatic spat between Estonia and Russia, which erupted last year following Estonia's decision to relocate a Russian war memorial, has resulted in a 30% drop in exports through Estonia's ports. Combine all that bad news and it's little wonder that Estonia's unemployment rate, just 4.7% in 2007, is predicted...
Production of Iskanders is planned for 2009. But the turmoil in global markets has hit Russia particularly hard. The main stock index is down roughly four times compared to a year ago, while prices for gas and oil - Russia's real weapons these past few years - have dived as well. Foreign currency and gold reserves shrank from nearly $600 billion in August to $485 billion last week, further undercutting Russia's clout. As the economy shrinks, as seems likely, the Iskander could end up looking like a costly extravagance. Under the circumstances, production of the missile might be delayed...