Word: quartered
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...exactly Christmas come early, but France and Germany did get a nice surprise on Thursday with the news that they have lifted themselves out of recession with Q2 growth of 0.3% each. Meanwhile, the 16 intertwined economies of the euro zone have shrunk less than expected during the second quarter of 2009. But, experts warn, don't go saying that Europe's worst economic crisis in half a century is over just...
...pleasantly surprised, and didn't expect this before the third quarter," says Gilles Moec, a European economist for Deutsche Bank in London. "But the improvement is rather thinly spread, and not necessarily sustainable. A lot will depend on whether the positive activity in exports and consumer spending continues, which may prove difficult." (See pictures of the global financial crisis...
...True, Germany's 0.3% second-quarter spurt is a modest one. But it's a vast improvement on the economic contraction of 3.1% that Germany suffered in the first quarter of 2009 - its fourth straight negative quarter. France's identical 0.3% advance contrasts its 2008 first-quarter shrinkage of 1.3%. Both economies benefited from better than expected consumer spending and higher exports led primarily by car sales - and in France's case, airplanes as well. (See pictures of Paris expanding...
...seems like a scene from Oliver Twist - a young pupil being beaten by a 300-lb man wielding an inch-thick wooden paddle - but according to a new report by Human Rights Watch and the American Civil Liberties Union, nearly a quarter of a million children were subjected to corporal punishment in public schools in the U.S. during the 2006-2007 academic year. Based on 202 interviews with parents, students, teachers and administrators, and supplemented with data from the U.S. Department of Education, the report reveals how the spare-the-rod-spoil-the-child philosophy continues to rule thousands...
...name himself - to keep the seat warm. Early polls suggest that Crist would easily beat any Democrat - the favorite is Congressman Kendrick Meek - and that he's starting with a 30-point lead over his GOP challenger. Crist also raked in a state-record $4.3 million in the second quarter, swamping Rubio's $340,000; the media are speculating that Rubio will run for attorney general instead, and his campaign manager and chief fundraiser are already gone. (Read "Florida's Senate Seat: The [Premature] Martinez Opening...