Word: plummetted
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Dates: during 2000-2009
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Even if the tax credit is extended, don't expect it to trigger a quick housing rebound. Although home prices have plunged about 30% on average from their peak in mid-2006, with certain markets in Florida, California and Nevada seeing prices plummet as much as 70%, they haven't troughed yet. With foreclosures still rising and unemployment expected to approach 10.5% in mid-2010, home prices are expected to tumble another 10% over the next six months before bottoming, says Robert Stevenson, managing director at Fox-Pitt Cochran Caronia Waller. And he expects prices to remain depressed until...
...This shift of focus partly explains why former British Prime Minister Tony Blair has seen his stock plummet - despite his celebrity, charisma and leadership qualities - since he was first mentioned as a contender for the job years ago. Now, the front-runners appear to be three low-key "fixers": Belgian Prime Minister Herman Van Rompuy, Dutch Prime Minister Jan Peter Balkenende and Luxembourg Prime Minister Jean-Claude Juncker. While all three may be somewhat bland and anonymous even in their home countries, they appeal to a growing number of E.U. countries - in particular the smaller ones - because they would excel...
Bolivia's challenge now is to maintain the good numbers. The last time Bolivia witnessed a plummet in diarrheal-disease rates was during the cholera outbreak of 1992 and 1993, when better personal-hygiene habits led to a reduction in the spread of infection. But as the threat of the disease died down, so too did people's standards of cleanliness. Lenis says that the Bolivian government is committed to continuing its media campaigns and that ongoing potable-water and sewage-system expansion projects will help make Bolivians healthier. Most important, however, is keeping up the education, says Lenis. "Adults...
...sure of that?" says Edward Chow, senior fellow in the Energy and National Security Program at the Center for Strategic and International Studies in Washington. "The global economy is on a sugar high because of the stimulus spending." If the recession lags, oil prices could plummet again, discouraging oil companies from investing in exploration and new drilling and discouraging governments from introducing new alternative-energy programs. (See 10 next-generation green technologies...
...such as the BNP are learning from past mistakes: they're slicker, and combine old-fashioned grassroots activism with Internet campaign techniques borrowed from the Obama playbook. They're also well placed to exploit the disillusionment with traditional politics that has seen voter turnouts in European and national elections plummet, and membership of big parties dwindle. As the global economy limps along and Western nations struggle to balance the needs of longtime citizens and newer immigrants, nobody should doubt that the far right is well positioned to attract yet more followers. (Read: "Europe's Voters Reward the Right...