Word: longer
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Another issue is that while there are signs that housing and consumer spending in the U.S. are no longer in the free fall of a few months ago, other parts of the economy are still in sharp decline. To quote Shepherdson again: "The epicenter of the recession has shifted from the consumer to the corporate sector." And it's possible that corporate cutbacks could lead to a relapse among consumers. "The main downside risk probably lies in sharper-than-expected multiplier effects via the dramatic deterioration in the labor market," warned Goldman Sachs economist Jan Hatzius on Monday after predicting...
...cholesterol, say, or reduce the size of a tumor - these are surrogate outcomes - and the drug-maker would call that a success. But the ultimate goal of treatment isn't simply to give you lab results you can boast about, it's to make you feel better and live longer; those are the patient outcomes. Sometimes though, good surrogate outcomes don't lead to good patient outcomes. Hormone replacement therapy, for example, raises good cholesterol, which helps reduce the risk heart disease. But it also makes the blood more likely to clot, which raises the heart disease risk. A cancer...
...incident illustrates the dilemma the best public servants face. The better they do their job, the longer they have to do it. After 13 years running Africa's biggest economy, Manuel actually would quite like to do something else. "You bet I would!" he tells TIME. But any plans are on hold for now. In the middle of the global slump, he knows he's needed more than ever. "There is a silly part of me that sees this appointment as a service to the people," he says. (See pictures of the global financial crisis...
...thus confined to a home in the Cape Flats, the hot, treeless townships between breezy Table Mountain and leafy Stellenbosch. As a 5-year-old, he witnessed apartheid's bite when his classmates were divided by color. "Suddenly half the kids in my class at school were no longer there," he says. "And so politics came to me." In the 1970s, Manuel gravitated towards Steve Biko's black-consciousness movement. But in 1979, determined to become "a revolutionary with a big beard and a big gun," he traveled to Botswana to join the African National Congress guerrillas in exile...
...Corruption in Vietnam is nothing new. Last year, Transparency International ranked Vietnam 121st out of 180 on its Corruption Perception Index. But it was perhaps easier to overlook occasional shakedowns from officials when Vietnam's economy was doing well and incomes were doubling every few years. That's no longer the case. People being squeezed by the economic downturn are increasingly frustrated by the nation's enduring corruption, says Trinh Hoa Binh, head of environment and health at the government-run Institute of Sociology in Hanoi. Officials are maintaining their special privileges while the economic position of ordinary Vietnamese...