Word: poorer
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...Japanese have finally got it: 12 years isn't a mere recession, and the rising sun doesn't inevitably follow the dark of night. "Everybody's afraid because we know we are getting poorer, day by day," says Yoshiharu Nakashima, who ought to know: he's a pawn-shop owner in Tokyo's Ueno district. When U.S. President George W. Bush visits next week, he'll undoubtedly spend some backroom time telling the Japanese to get their acts together. His host will be Prime Minister Junichiro Koizumi, who achieved rock-star popularity by promising to do just that, but whose...
Although Sachs said the report was “well-received,” he said its finding that rich nations would need to significantly increase funding for health improvements in poorer countries had not been met with “adequate” response...
...doubts they will obtain it. But "even if we get back on the air, Putin will come after us in six months or so," said a reporter, who now talks of leaving journalism altogether. If he and his colleagues do give up the fight, Russian TV will be a poorer place. But perhaps then Putin will have to turn his attention to the sort of questions that cannot be solved by bailiffs or judges - poverty, corruption, the economy...
...male citizens.) That has turned a spotlight on a touchy topic: Where do the loyalties of the Malay minority, which forms about 14% of the population, ultimately lie? The Malay community has made progress in recent years, in universities and in the job market. But it is still poorer than the other two major ethnic groups, Chinese and Indians, and tops the list of the government's carefully compiled stats on divorce rates and drug addiction. The gap in society might be larger than people realize?and could yawn even wider if the Malay community as a whole is blamed...
...here. Businesses overspent to build things like PCs, Internet switches and routers, as well as speedy fiber-optic lines. That spending helped fuel the boom. But once corporate tech budgets tightened, tech stocks plummeted, and so did spending among consumers who held those stocks. Suddenly, those consumers felt much poorer. Typically, cycles work the other way. Robust consumer spending at the height of a boom induces businesses to build more plants at just the wrong moment--when the Federal Reserve is ready to dampen the whole party with higher interest rates to root out inflation...