Word: onset
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Dates: during 2000-2009
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...backlash against overparenting had been building for years, but now it reflects a new reality. Since the onset of the Great Recession, according to a CBS News poll, a third of parents have cut their kids' extracurricular activities. They downsized, downshifted and simplified because they had to - and often found, much to their surprise, that they liked it. When a TIME poll last spring asked how the recession had affected people's relationships with their kids, nearly four times as many people said relationships had gotten better as said they'd gotten worse. "This is one of those moments when...
...Abdullah, withdrew from a runoff race that he said would not be fair. Abdullah continues to insist that Karzai's re-election was illegitimate, underscoring the fact that the election's outcome leaves Obama saddled with an Afghan partner who is even more discredited than he was at its onset. News from the battlefront is equally grim. October saw the highest monthly death toll of U.S. soldiers since the war began, and on Nov. 3 five British soldiers were killed when fired on by an Afghan policeman - it is still unclear if the shooter was a Taliban plant. (See pictures...
...Ulrich, managing director at JPMorgan in Hong Kong. At the same time, the U.S.-China economic relationship is not as lopsided as it was a year ago, at least by some measures. The U.S. savings rate has increased to about 4% of GDP (from zero at the recession's onset), and China's current account surplus has fallen from 10% of GDP to about 6.5% of GDP. Both are improving for the same reason: shell-shocked consumers in the U.S., where the unemployment rate is 9.8% and rising, have snapped their wallets shut. Now that it's pouring, they have...
...which will be front and center when U.S. President Barack Obama makes his first visit to China on Nov. 15, is the exchange rate of Beijing's currency, the renminbi (RMB). After allowing it to rise against the dollar by about 15% earlier this decade, China has since the onset of the crisis kept the RMB's value tightly pegged at about 6.8 to $1. Economists differ on how greatly undervalued the RMB is. The International Monetary Fund and World Bank contend that it's about 15%-25% below where it would be if it were allowed to float freely...
...favored to win, is scheduled for Nov. 7, but it's unclear that this round will be any less contentious than the first. Fraud is still likely, Karzai is still tainted by the corruption and inefficiency that have plagued his government for the past eight years, and the onset of Afghanistan's winter could delay balloting until spring. The Obama Administration, meanwhile, has signaled a reluctance to commit more troops to its campaign in Afghanistan until it has a legitimate government to work with. At some point, it has to start wondering whether it has a partner worth waiting...