Word: quarters
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Dates: during 2000-2009
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...business model that makes sense. Perhaps it appeared to when Web advertising was booming and every half-sentient publisher could pretend to be among the clan who "got it" by chanting the mantra that the ad-supported Web was "the future." But when Web advertising declined in the fourth quarter of 2008, free felt like the future of journalism only in the sense that a steep cliff is the future for a herd of lemmings. (See who got the world into this financial mess...
Barry Diller, who has been in the media industry as long as almost any man alive, said the online display advertising at his company, IACI (IACI), might be down as much as 50% this month. Disney (DIS) reported that its interactive business lost money in the final quarter of last year. The head of advertising sales at TIME Warner's (TWX) AOL internet unit was replaced, probably a reasonable sign that revenue is under-performing there...
...sized city in China - but a fitting host of the climate change summit. Denmark has thrived while emphasizing clean energy and cutting carbon emissions - between 1980 and 2004, the country's GDP rose 56% while CO2 emissions dropped 35% - and thanks to smart policies and investment, more than a quarter of Denmark's electricity now comes from renewable sources. Danish companies also punch well above their weight in the growing wind turbine industry. To drum up global support for the summit, Hedegaard can easily make the case that the economy doesn't have to come before the environment - even during...
News for farmers making a living off the isolated fields and forests of Burma has been dismal over the past few months. Prices for rubber, a key crop, are down an estimated 75% in the southeastern Mon State. Rice has lost a quarter of its value, while maize has been cut by half. Teak, betel nut and palm oil have also been ravaged by the global drop in commodity prices, throwing millions of Burmese who barely cling to the poverty line further into distress...
...that 78% of small- and medium-size companies favor the state embracing "protectionist measures" to shield them from the global recession - up from 43% a year ago. The cause of concern is clear: despite the government's passage of a $65 billion stimulus package, Germany entered its third straight quarter of recession in January. This month, German unemployment shot to 8.3%, from 7.4% in December. (See which country has the best bailout plan...