Word: outlook
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Dates: during 2000-2009
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...relative political freedom and openness, which partly explains their fondness for the former Party leader. During his tenure from 1980 to 1987, Hu went ahead to rehabilitate the victims branded as ideological traitors during the Cultural Revolution. He admitted mistakes in China's policies on Tibet. His overall liberal outlook, at least more so than his political contemporaries, fostered an atmosphere that enabled new ideas and thinking to emerge. During that time, it was not uncommon for Chinese students to, for the first time, read about western political treatises, thoughts on democracy, liberal governance, judicial independence, the free press, checks...
...survey, a poll of nearly 6,000 university seniors conducted by Recruit Co., a Tokyo-based research and human resources company, revealed that Japan's flailing, export-driven economy has had a profound impact on the outlook of those on the brink of entering the workforce. Toyota's ranking as a preferred employer plummeted from 6th place last year to 96th place this year. Sony fell from 8th to 29th place; Sharp from 14th to 55th place; Canon from 20th to 77th place. (See pictures of the global financial crisis...
...second straight operating loss in its 2010 fiscal year - right when the students polled by Recruit will be entering the workplace. The company is expected to report a loss of $4.9 billion when it announces its 2009 results on May 8. Last week, Sharp Corp., too, slashed its outlook for its fiscal year ending March 31, to a net loss of $1.29 billion. (Read "Sony's Woes: Japan's Iconic Brands Under Fire...
...Recruit collected the data between Jan. 30 and Feb. 16, as a series of dire economic indicators painted a dismal economic outlook for Japan and major companies were laying off workers in waves. "News reports about worsened business and manpower conditions came out one after another," says Recruit spokeswoman Yuri Ito. "This survey is done around the time companies announce their recruitment plan for the following year. So some students might vote for those that plan to hire aggressively." Export-driven companies, out. Instead, "Students consider companies in industries like infrastructure and food, which are robust in a recession... companies...
...Cordaro isn't the only one having doubts. Last week, ratings agency Moody's lowered its outlook for the debt of local governments to 'Negative.' In its report, the ratings agency said local governments face "unprecedented fiscal challenges," over the next 18 months. The report also noted that this was the first time Moody's analysts were broadly worried about the ability of local governments to pay back their debts. Among the places Moody's finds to be most troubled are cities in Florida and California, because of the real estate bust, Indiana, Michigan and Ohio, which are being hurt...