Word: overnighting
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Dates: during 2000-2009
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...three months, Pikalyovo's citizens had been living in crippling poverty after the town's recession-hit cement and brick factories started closing down. Thousands of workers were laid off, and almost overnight nearly 25% of Pikalyovo's 20,000 residents were unemployed. After making several pleas to their employers for back pay - at one point crashing a meeting at the mayor's office to demand their jobs back - the workers turned to desperate measures. On June 2, they staged a strike along a major highway linking the city of Vologda to St. Petersburg, blocking the route for hours. Finally...
...triple whammy of collapsing property values, equity-wealth destruction and ongoing unemployment shock, the American consumer is unlikely to spring back overnight. In fact, with asset-dependent U.S. households remaining income-short, overly indebted and savings-deficient, subdued consumption growth is likely for years. This is because the U.S. consumption share of real GDP, which hit a record 72.4% in the first quarter of 2009, needs, at a minimum, to return to its pre-bubble norm of 67%. That spells a sharp downshift in real consumption growth from the nearly 4% average pace of 1995 to 2007 to around...
...Connecticut, Maine or Massachusetts, not to mention all of Canada). At least that will be true until the issue reaches a place that even California's ballot-crazy voters can't touch: the U.S. Supreme Court. But as with desegregation and abortion, a court ruling won't change attitudes overnight...
...recognizing that change cannot happen overnight. No single speech can eradicate years of mistrust, nor can I answer in the time that I have all the complex questions that brought us to this point. But I am convinced that in order to move forward, we must say openly the things we hold in our hearts, and that too often are said only behind closed doors. There must be a sustained effort to listen to each other; to learn from each other; to respect one another; and to seek common ground. As the Holy Koran tells us, "Be conscious...
...privately owned Gondwana Game Reserve, tel: (27-44) 889 0287, home to Africa's legendary Big Five. Be sure to take a horseback safari or an evening game drive, which comes with hors d'oeuvres, sundowners and romantic views across the Outeniqua Mountains. Have dinner under the stars, then overnight at Gondwana's luxurious Fynbos Camp...