Word: rising
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Dates: during 2000-2009
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...personnel, and by the '60s were important factors in the country's social and foreign policy. By 1985, when the main story takes place, Eddie is one of the last original Minutemen/Watchmen still in action - and after being on the losing end of a ferocious fight in his high-rise apartment, splat, he's comedy history. (See pictures of animated movies...
...prospects for college grads, which had been on the rise since 2004, dropped in virtually every sector this year. The most dramatic decline was, not surprisingly, in finance, which hemorrhaged 71% of expected job openings. Less expected but equally troubling is the 37% decline in hiring for professional services, which include accounting and engineering. "Poor hiring estimates from this area speak to the depth of the recession in the college labor market for the class of 2009," the report says. (See TIME's special report on paying for colleges...
...other root cause that bedevils any attempt to improve the job situation is that private enterprise is suffering from an unusually rapid loss of earnings. Corporate bankruptcies are beginning to rise sharply, and even companies that have been considered rock-solid, such as GE (GE) and Microsoft (MSFT), admit that their core businesses are being hurt badly and are coy about when they think the situation will improve. Large companies have gotten into the habit of saying that they cannot forecast earnings because they have "limited visibility." In most cases that means they cannot predict their sales beyond the current...
...countries will face both economic and political difficulties in sending money abroad. Even Europe’s strongest economy, Germany, is predicted to shrink by two to three percent this year, the worst performance since World War II. The recession has hit every country in Europe and has given rise to an upsurge in nationalist sentiments. Both the UK and Germany are due national elections in the next year or so, and leaders are astutely aware of the demands of their public. Nevertheless, politicians must do their utmost to explain the imperative need for an Eastern European bailout to their...
...friends asked how my trip went. Go now, was my advice, quickly, before Cartagena is overrun by Starbucks, McDonald's and Hilton - all of which are opening branches there soon. The first time I visited the city - on a business stopover in 2004 - it had a handful of high-rise buildings. Now it has 48, with dozens more under construction. Right now the Cartagena landscape is still shaped by local stores and galleries, Colombian cooking, and the open, curious hospitality of people who haven't yet dealt with pushy hordes of foreign tourists. But they're yearning for the boom...