Word: retreating
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Dates: during 2000-2009
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...this the moment the European Union's ambitious climate change agenda unraveled? At the end of the two-day E.U. summit in Brussels Thursday, European leaders congratulated one another on their bold bank rescue plans. But the mutual backslapping might have provided perfect cover for a retreat from their long-standing commitment to reduce Europe's overall CO2 emissions by 20% by 2020, compared to 1990 levels...
...government guarantees should insure that interbank loan rates retreat to the point where money is moving again. With the first capital injections a few days away, loans should begin flowing easily in a matter of weeks, says Scott Talbott, chief lobbyist for Financial Services Roundtable, representing major U.S. banks. "This will open up credit immediately, and the benefit will begin to flow to small businesses shortly thereafter," he says. Every $1 of equity creates $10 in lending power. Half of the $250 billion set aside for capitalization is targeted at smaller banks. Some banks are wary of the strings attached...
...British Prime Minister looked fist-clenchingly impotent as insurrection bubbled in Labour's ranks and his Conservative opponents thumbed their noses from the safe distance of a 20-point poll advantage. Then came convulsions in the global economy. The scramble to avert meltdown drove Labour rebels into retreat, halved the Tory lead and granted Brown more than just a reprieve from domestic woes. As Congress bickered over the U.S. bailout and European leaders vacillated between a unified response and defending national interests, the old, beaten Brown shuffled off stage. Into the limelight stepped New Brown, pitch-perfect in his Churchillian...
...sight of an ascendant Brown sticks in the craws of Conservatives. In private, they're Oliver Hardys, expostulating over the nice mess they say Brown has gotten the country into. In public, they mostly retreat from confrontation like a herd of Stan Laurels. Opposition parties have pledged for now to support the government's efforts to end the turmoil, but are itching to emphasize Brown's own role in creating it. "When he rewrote financial regulation in 1997, Gordon Brown took away the Bank of England's power to call time on the build-up of debt," Conservative Shadow Chancellor...
...Despite his deftness at manipulating language, Motion believes some words should be sacrificed for their clumsiness. "Nobody in their right mind, unless they are taking the piss, is going to say, 'I went on an agrestic retreat,' " he says, "because you've got the word rural...