Word: outlook
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Dates: during 2000-2009
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...mere fact HSBC turned a profit despite its troubles was a small ray of light amid an otherwise bleak outlook. New figures covering January showed industrial output falling more than anticipated in the eurozone; joblessness rose from 8.1% in December to 8.2% in January, nearly a full percentage point higher than the same month last year. (Find out 10 things to do with your money...
...treatise “On Bullshit,” which scrutinized our use of another pseudo-expletive. The eponymous phenomenon is one of mental manipulation, a “rhetorical abuse or sleight-of-hand” that involves “a fundamental restructuring of outlook, often with deep emotional resonance, and frequently coupled with resistance.” McGinn intends to draw attention “to a phenomenon on which it is advisable to have a clear grip”: in other words, he aims to prepare and protect us.Coming at the end of the book, however...
...Much of that rosy outlook is pinned to a rock-solid faith in the Chinese government. These signs of new life in the national economy are seen by some economists as evidence that Beijing's massive monetary and fiscal-stimulus measures are kicking in. In November, the government announced a $586 billion spending package, mainly in new infrastructure projects, and since then, policymakers have introduced a long slate of measures to boost consumer spending. The government raised pension payments to retirees from state-owned enterprises, hiked teacher salaries, cut sales taxes on some vehicles and subsidized purchases of appliances...
...Facing such a woeful economic outlook, E.U. monetary-affairs commissioner Joaquin Almunia has struggled to make the case for fiscal rectitude. He insists the pact is flexible enough to allow short-term stimulus programs. "During the recession, the pact is not about sanctions," he said last week. "But in the medium term, we need to continue a process of consolidation of the public finances. The rules were established for everybody and must be respected...
...encourage [funding] increases and tax cuts to stimulate, and the state is moving in a different direction." However, Baldassare says he is pleased the state budget is finally balanced: "Getting this budget issue behind us was the most important thing California could do in terms of improving our economic outlook...