Word: recessional
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Locals face a tough question at a time when the global recession and the collapse of the cattle-ranching market have hit residents hard: How can they continue their decadelong push to market the area as a wildlife destination while also accommodating the needs of the British army? Residents are...
Now the farm is back. Fears of food shortages, a rethinking of antipoverty priorities and the crushing recession are causing a dramatic shift in world economic policy in favor of greater support for agriculture. Farmers like Thakare are being showered with more aid and investment by governments and development agencies...
Delays are happening in part because a recession is not a great time to buy a bank, and the FDIC is having trouble finding acquirers for troubled institutions. The FDIC could liquidate a failed bank or run it itself, as it did late last year with IndyMac. But those options...
Enlistment Rises in Recession
But the most recent round of bonuses at some of the nation’s most moneyed corporations has not escaped the notice of the Obama administration, which has ordered average compensation reductions of 50 percent at seven of the largest recipients of federal bailout funds. The cuts will affect...