Word: rosing
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Dates: during 2000-2009
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...glibly write about growing poverty in South Africa. This "conventional wisdom" is repeated in "Verbatim" [Oct. 20]. It simply isn't true. Measures of income generally show that poverty has fallen by as much as 20% over the past seven or eight years. One reason has been that employment rose considerably during the mid-2000s; another is that social-assistance programs now reach 12 million South Africans. It is true that inequality seems to have increased, but that is because of the rising incomes of the wealthy and the professional and managerial classes. Alan Hirsch, PRETORIA...
...there are nascent signs of a bottoming out. The rate of sales decline slowed in August, according to Case-Shiller, and in September existing home sales rose 5.5% nationally, which means buyers are finally being lured to the market by low prices. The big question: Will a recession that is gaining momentum break through housing's floor again? In other words, Is this real estate's dead-cat bounce...
Sure, there are signs the real estate market may be turning. In September, home sales across the country rose 1.4% from their level a year ago, which is the first annual increase in that measure since November 2005. In some areas of the country, where prices have fallen dramatically, like Fort Myers, Fla., and Sacramento, Calif., sales are up much more than that. But nationwide, the pace of purchases are still 25% below where they were three years ago. And the number of homes on the market waiting to be sold, 4.3 million, is still up 1.3 million from three...
...federation's annual meeting this past weekend - 2,000 native leaders in a massive convention hall in Anchorage - Stevens sent a video message apologizing for having to miss the meeting, and asked for the prayers of Alaska natives. At the end of his video, says Mitchell, the entire audience rose and gave Stevens a standing ovation. Their solidarity could be important in the election - Alaska natives comprise one-sixth of the state's population...
...fitting that Barack Obama brought his closing-argument speech to Pittsburgh: this is a city of many lives, one born in a cradle of steel and promise that collapsed and rose again and knows something about reinvention. "The American story has never been about things coming easy," Obama said. "It's about seeing the highest mountaintop from the deepest of valleys." This hilly city is as good a place as any to come for that kind of view. It is, according to the August census report, the fifth-poorest city in the country, and yet it ranks as among...