Word: robustly
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...company had based its latest round of plant closings on the assumption that U.S. car sales will only reach 10 million now and stay at that level in the future. However, union leaders argued that GM should keep the plants as a hedge against a robust recovery in new vehicle sales, possibly next year or the year after. "We know they're not going to [be at] 10 million units forever," said UAW vice president Cal Rapson, and the White House apparently relented...
...construction projects long before the current downturn. "Public spending is already subject to considerable siphoning off and, perhaps even more critically, waste," says Andrew Wedeman, a political scientist and Chinese-corruption expert at the University of Nebraska. During the boom years, such waste mattered less because growth was so robust. But if China's GDP expands only 6% to 8% this year, as some predict, corruption could dampen recovery. "What really matters is not if funds will be siphoned off or how much will be siphoned off," Wedeman says, "but rather whether the siphoning will have a clear and negative...
...Kedge Martin, the CEO of Sentebale, says the recession presents challenges for all charities, and denies that Sentebale has been hit especially hard. "We're a strong and robust organization," she says. "The focus for that bank year had been to expand our work on the ground and to reach out to even more children and families. There wasn't a focus on fund raising...
Financial stocks - banks, brokers, asset managers - led the stock market down earlier this year, and almost left the stage as many shares sank into single digits. In recent weeks, however, the group has reversed course, rallying strongly, and even led the market to a robust gain on Monday, with the Dow rising 235 points. So is this the sign of a true financial-stock recovery, or a seductive bear trap? TIME contributing editor John Curran caught up with Oppenheimer & Co. chief investment strategist Brian Belski, who was in Tel Aviv on Monday, to get his view on banks...
...It’s a big, robust church community here,” Low said. “We’ll rebuild and get this back to the point where we’re operating efficiently as a chapel...