Word: modestic
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...ethanol producrs). A global drop in cotton demand hurt the region's cotton farmers, who saw both a decline in prices and one of the smallest harvests in 25 years. Homebuilders in the Sixth District, which includes Alabama, Florida and Georgia, noted historically high inventory numbers, despite Florida's modest gains in real-estate sales last month. "On a bright note," the Fed describes construction companies in Texas as "acting orderly and pragmatically, just waiting for things to bottom out" and "not behaving in a panic mode...
...when the economy took a hit after the dot-com bubble burst. Since the announcement did not come as a surprise—many economists have been warning of a recession for months—Poterba said he thought that the psychological consequences of the official declaration would be modest. Though there was a broad selloff in the stock market yesterday, including a nearly 700 point decline in the Dow Jones Industrial Average, Harvard Kennedy School professor Jeffrey A. Frankel, who is also on the committee, said that he does not think the announcement was responsible. Though the committee does...
Lwanga is the biggest catch among the 500 or so court convictions SmartWater says it has secured so far - a fairly modest number for a company that has been around since 1995. But that's not counting those who simply come clean when the UV light finds them out, says former police detective Phil Cleary, SmartWater's co-founder and ceo. In any case, he says: "We are not a thief-catching company or a property-recovery company; we're selling a deterrent...
...call us crazy," he told the paper, "but I think it's a worthwhile hobby. It keeps me broke most of the time." Like any master hunter, he had a scavenger's instincts. He would write to missionaries serving in the most remote corners of the world, offering a modest contribution in return for two samples of the local currency. He would sell one and keep the other, a self-financing collection that eventually grew to more than 200,000 pieces--from ancient Etruscan rings and Incan gold to Kenyan elephant tails and Babylonian clay tablets, all of which...
...Lowdown: When confronted with massive challenges - and forming a "hemispheric partnership" certainly qualifies - it helps to frame prescribed policy changes in terms of sheer self-interest. This report does so deftly, mostly eschewing wonkiness in favor of stressing common bonds. Its series of "modest, pragmatic recommendations" are couched to show that the U.S. and Latin America are natural bedfellows. It's not that we have a moral obligation to turn the other cheek when Hugo Chavez dubs George Bush a "devil," or when pockets of America inaccurately assign blame for U.S. unemployment levels on Latin migrants. It's that doing...