Word: month
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...Intermix also owned a majority stake in a fast-growing website - Myspace.com - which had attracted an impressive 17.7 million visitors the prior month. A consummate salesman, [Intermix CEO Richard] Rosenblatt focused his comments on the potential of adding MySpace's broad audience to complement Rupert Murdoch's already enviable empire of top-flight media companies...
...Harvard-affiliated Cambridge Health Alliance will receive $40 million in federal funding next month, more than halving its $70 million budget deficit and potentially staving off dire cutbacks at the regional hospital network...
...least, they were. The economic crisis has hit world trade hard. Ports throughout the world are dramatically less busy than they were just a few months ago; air traffic is way down. Exports from Japan were almost 50% less in February compared with the same month in 2008; China's exports were down 26% in February. The World Trade Organization is predicting global trade will shrink by 9% this year, the steepest annual decline since World War II. This contraction is not only deep, it is also a latter-day rarity: global trade has increased continuously year after year since...
...change is more than welcome. Prices now stay constant for days - a novel concept in a country where shop owners had until recently recalculated prices twice a day. "This allowance, though not enough, sees me through the month," says Majuru. "I can plan what my salary can and cannot buy since prices have stabilized. I could not do that when our dollar was the official currency...
...Zimbabwe is facing its worst economic crisis since independence almost three decades ago. On top of its abandoned, worthless currency, the once prosperous agricultural economy is bankrupt. The country's new Finance Minister, Tendai Biti, announced on Wednesday that Harare has a monthly expenditure of about $100 million but can raise only $20 million a month. The government estimates that an average family of five requires about $550 a month, far more than what most people earn. (See pictures of Zimbabweans voting...