Word: peaking
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Dates: during 2000-2009
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Bach expects the jobless rate to top the 10% mark, office rents to plunge another 5% to 10% and vacancies in commercial real estate to exceed 20% by the middle of 2010 - surpassing the 18% vacancy peak hit during the early 1990s crisis. The doom-and-gloom scenario will likely lead to higher default rates on commercial property loans held by banks and those pooled into mortgage-backed securities...
...early nineties, a guy who earned $100 in India would go abroad and make ten to twenty times that amount of money," says Murugavel Janakiraman, founder and CEO of Bharatmatrimony.com, a matrimonial website with a subscriber base of 15 million. "The demand for [ NRI men] was at its peak during that time...
...more than a week now, Spaniard Oscar Pérez has been alone on the wall of ice and rock that is Latok II. The 33-year-old mountaineer fell while attempting to summit the notoriously difficult peak in northeast Pakistan's Karakorum range, breaking his leg and possibly his wrist. Unable to get him down unassisted, his climbing partner, Alvaro Novellón, left Pérez with supplies and went for help. But a combination of bureaucracy, complicated logistics and poor weather impeded search efforts, and it wasn't until Aug. 14, a full six days after...
...Novellón, both experienced alpinists from Spain's mountainous province of Huesca, began their first attempt of Latok on July 27. A collection of four rocky peaks renowned for their extreme technical difficulty, the mountain group is considered one of the most challenging in the world - some alpinists believe it is even more difficult than the more famous Himalayan peak K2. When bad weather forced them to abandon their attempt to summit Latok I, the two retreated to their base camp. (See pictures of Mount Everest...
BOSTON, Mass. — I could feel it from a block away. As I moseyed down Arlington, shi-shi Newbury Street on my left and the Commons to my right, I could tell that tonight wasn’t just any night in Boston. When I reached the peak of the bridge leading into the Hatch Shell, my suspicions were confirmed. People—everywhere. Smooshed together as far as the eye could see, seated on lawn chairs or sprawled on blankets, snacking and chatting, just soaking in the dusk-hour breeze. “This is summer...