Word: resorted
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Dates: during 2000-2009
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Cash-conscious shoppers are hoping to see a repeat of 2008's eye-popping discounts, when markdowns, even on high-end fashion duds, exceeded 75% in the weeks leading up to Christmas. Although retailers are insisting that they won't resort to jaw-dropping discounts this year, what happens will ultimately depend on how much and how quickly they get consumers to start spending. And it won't be easy. (See TIME's Holiday Gift Guide...
...past, government and business leaders gathering for meetings of the Asia-Pacific Economic Cooperation (APEC) forum had to resort to collective fashion blunders to demonstrate unity. Representatives of this diverse group of 21 Asia-Pacific nations, who together represent roughly 40% of the world's population and 54% of the world's GDP, have bravely donned the traditional dress of the host country, from cowboy hats to ponchos to garishly colored batik shirts, to show that despite their differences, everybody could be made to look a bit ridiculous for a group photo...
Manny's sister Isidra, however, says her brother is too strong-minded to be dissuaded from politics. "Whatever Manny does, we'll support," she says. During the huge floods in Manila in September, he took a motorcade from the mountain resort where he was training to help distribute relief to victims. "He wants to be giving service," his sister says. "He has big potential. He is caring, thoughtful and generous." Dionisia is quieter about her son's career after boxing. "I will support and pray for him," she says. But she worries. "There's a lot of trouble in politics...
...bought or refinanced a house within the past year, there's a 1 in 4 chance you have the Federal Housing Administration to thank. The Depression-era agency, once the last resort of folks who were less-than-perfect credit risks, was practically forgotten during the real estate boom - anyone with a pulse qualified for a mortgage. Now the FHA has resumed its old role by propping up the housing market, since private lenders began shunning all but the least-risky loans. The FHA doesn't lend directly but rather entices lenders do so by agreeing to cover any losses...
...doing it on its own - officials have taken the unusual step of opening the process up to the public. They're asking visitors what they should keep, what they should give away to other museums - one institution's trash is another's treasure - or, as a last resort, what they should just throw away...