Word: quarters
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Dates: during 2000-2009
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...National Intelligence, Admiral Dennis Blair, told a Senate hearing that the global economic crisis had replaced terrorism as the "primary near-term security concern" for the U.S. Blair's office has produced a report saying that economic crises had already led to some degree of political instability in a quarter of the world's nations. (See pictures of the global financial crisis...
...setting, for starters, was no high school locker room at halftime, with sweaty teenagers scratching their gym socks. Robed Supreme Court Justices and barrel-chested generals sat in the front row at the U.S. House Chamber, a gold-encrusted place overflowing with political power. For a quarter-mile around, police stood shivering in the cold, watchful in clumps on street corners, stopping anyone who looked out of place. (Read the full text of Obama's speech...
...cruise industry barely made it back to port last year. Miami-based Royal Caribbean reported a 98% drop in fourth-quarter earnings. The winter months, or "wave season," are its busiest period; yet onboard traffic at many lines is down at least 25%. But the more important reason cruise lines are desperate to sell tickets is that their real revenue comes not from fares but from onboard spending. The industry's dilemma, says Carolyn Spencer Brown, editor of CruiseCritic.com, is that "if it takes fares this low to get me onboard, am I really going to spend that much...
...Within the space of a year, Tata Motors has gone from being a developing-world success story to a cautionary tale of bad timing and overly ambitious expansion plans. Revenues are plummeting: Tata's commercial vehicles sales in India fell by 40% and exports by 45% in the quarter ending on December 31, 2008, while passenger car sales in India slid 14.4%. With losses mounting, it recently reported a quarterly loss of $58.5 million its first in seven years. To complicate matters, Tata Motors faces a June deadline when it must repay a $3-billion bridge loan taken...
...were to be displaced by the factory was resolved when Tata decided to build the plant in the state of Gujurat instead. But the launch of the Nano, originally set for October 2008, had to be pushed back. The company now says the car will debut in the first quarter of this year...