Word: peaking
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Dates: during 2000-2009
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...report that says 4.7% of payments for bank-issued credit cards were late sixty days or more in March, an increase of 38% over the same month last year. According to Reuters, "In March, lenders closed 20 million card accounts, sending the total down by 58 million since the peak in July 2008 to 380 million." Banks will not be lending to consumers as long as there are no solid and sustained signs of an economic recovery. They cannot afford the risk after all of the write-offs they have already taken. (See pictures of TIME's Wall Street covers...
...grisly find was one of six recently uncovered mass graves cited in the newest U.N. human-rights report on Iraq. The five others were found in areas controlled by Sunni insurgents during the peak periods of violence in Iraq in 2006 and 2007, meaning the killers likely had no connection to the Iraqi government. But the grave in Ur was almost certainly the work of killers associated with the Shi'ite Mahdi Army militia, which was supported by elements of the Iraqi security forces. (See a multimedia presentation of emergency-room work amid the 2007 fighting...
...better are social-distancing actions on a local level - closing schools, having employees work at home and limiting public gatherings, where the flu can spread easily. Such methods worked during the deadly 1918 Spanish flu - cities that acted quickly to close schools and theaters early in the pandemic had peak death rates 50% lower than cities that acted more slowly. Today doctors could also prophylactically administer antiviral drugs to the close contacts of any swine flu patients, a strategy that has been shown to help prevent the spread of the flu. "Until you start to see really massive clusters, that...
...economic numbers could hardly appear more horrible for Singapore. Non-oil exports plummeted by 11% in March from the previous year, following even steeper falls the preceding two months. Since its 2008 peak the Singapore dollar has lost more than a tenth of its value against the U.S. dollar, making it one of the worst performing currencies in Asia so far this year. And, if this drumbeat of economic gloom weren't enough, the Singapore government has repeatedly revised its economic growth projections, growing more vigorously pessimistic with each try. It now expects Singapore's gross domestic product to shrink...
...it’s very exciting for me,” he said. “I hope that this performance is the tip of the iceberg, so to speak, except a good iceberg.” Remaining modest, Gillepsie also emphasized how although his performance is starting to peak, what’s more important is that the team’s performance is hitting its stride.“We are starting to have big goals, and it’s really exciting to be part of a team that is sort of redefining itself and becoming better...