Word: persistent
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...this led investors to believe a bottom had been reached, says Curran. Many investors may wrongly think the housing sector will see the normal trajectory off the bottom, but that isn't the case, he says. "We still have high foreclosures that will persist into next year, high inventory, an unstable economy and high levels of unemployment" that will prevent the sector from rebounding quickly, he says. (See 10 things to buy during the recession...
...Indeed, should Iran's defiance persist at the Oct. 1 meeting scheduled to hear Iran's response to Western proposals for a diplomatic compromise, the unity of purpose between the "good cop" Obama and "bad cop" Sarkozy is expected to become more apparent...
...Untreated Wounds Yet if Germans are to continue to enjoy the benefits of living in one of the world's most prosperous countries, they would be wise not to ignore the inequities that so obstinately persist two decades after reunification - not just between Ossis and Wessis, but also between immigrants and others. For if there is one clear lesson from recent German history, it is this: wounds that are left untreated fester...
...United States to win the support of the Afghan people, and should the human rights violations at Bagram—some of whose denizens have been held there for over six years and two of whom were killed in 2002 due to beatings by American soldiers—persist, it would be counterproductive to this effort and to America’s moral status in the world...
...They prefer to consider economies as yo-yos tethered to the sturdy string of the business cycle, moving up and down from growth to slowdown and back. But from time to time, things do snap. And Summers' argument in 1986 was that unemployment in Europe, the sort that might persist in the face of growth, was an expression of an economy that had snapped. Europe's economy was hit not only by shocks like an oil-price spike, a productivity collapse and rocketing tax rates but also by stubborn unions that made hiring, firing and adjusting payrolls near impossible...