Word: interesting
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Dates: during 2000-2009
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...which emerged from deflation only earlier this decade, is now back in recession, has negligible inflation and could soon see prices fall again. So too in Europe, where the European Central Bank was behind the curve in seeing the risks to growth that the credit crisis posed and kept interest rates too high for too long. Though Europe is not in outright deflation yet, the pressures across the continent are all trending downward. Even in China, the world's largest developing nation, officials acknowledge that the risk of inflation - their main concern at the time of the Beijing Olympics...
...announced a big stimulus package nearly two weeks ago, and in Beijing last weekend, government policymakers acknowledged that more is probably coming. In the U.S., another economic-stimulus plan seems inevitable; the Federal Reserve, meanwhile, is probably headed toward what in 1990s Japan became known as the ZIRP: zero-interest-rate policy. The Fed funds rate is already down to 1%, and the economy is still sinking. Rates have nowhere to go but down - all the way to zero. And by the time President-elect Barack Obama takes office in January, it's likely the U.S. will be debating what...
...from being an easy route to the NFL. Yet scouts’ thinking seems to be shifting towards decision making and other intangibles when making the decision to go after a player, giving high-profile I-AA players a better shot.“The NFL’s interest in Chris has grown dramatically in the last year. Part of it’s statistics, a lot of it’s video,” Harvard coach Tim Murphy says. “The guy he reminds me most of is the guy from Boston College, Matt Ryan?...
...government has done what it can to try to boost growth. The Hong Kong Monetary Authority has sliced its benchmark interest rate to 1.5%, from 6% a year ago. But economists still expect next year to be worse. Goldman Sachs predicts GDP will grow only 2.2% in 2009. In the meantime, Hong Kong's glum populous can at least take comfort in the efforts of one of the city's more esoteric groups. In mid-November, several members collected in Causeway Bay, a popular shopping and restaurant district, to offer people "free" hugs. More such sessions are planned in coming...
...Nouri al-Maliki, alarmed that the agreement - which has taken nine months of painstaking negotiations - was about to unravel, fired broadsides in all directions. At a press conference, he lambasted naysayers as political opportunists who were trying to hold his government for ransom, in effect working against the national interest. His anger was directed not only at the Sunni, Sadrist and secular blocks in parliament, which have formed a loose coalition to oppose the SOFA; he also took an unrelated sideswipe at Kurdish politicians, without whose help he cannot hope to have the agreement ratified...