Word: rout
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...Disappointing policy results, hotly challenged reform proposals, and peaking public disgust with his overexposed private life have fueled a dizzying plunge in Sarkozy's approval ratings. That darkening image could have consequences. Just five weeks before the first round of nationwide municipal elections, rightist candidates fear a possible leftist rout in cities across France as voters signal their displeasure with Sarkozy's national leadership...
...There was only one way to describe Barack Obama's victory over Hillary Clinton and John Edwards in South Carolina: It was a rout. "After four great contests in every corner of this country, we have the most votes, the most delegates, and the most diverse coalition of Americans that we've seen in a long, long time," Obama declared at his victory celebration in Columbia. "There are young and old; rich and poor. They are black and white; Latino and Asian and Native American. They are Democrats from Des Moines and Independents from Concord, and yes, some Republicans from...
...mini-meltdown, and the Federal Reserve Board wasn't about to let that go unanswered. Before the U.S. markets had even opened, Fed Chairman Ben Bernanke--not a man known for dramatic gestures--slashed a key interest rate three-quarters of a percentage point. The surprise move arrested the rout, and the markets have since rallied, but investors are left to absorb an unavoidable truth: the U.S., still the world's biggest market for exports, appears to be in real economic trouble...
...even though almost everyone already has a brutal hangover. The Fed's surprise January 22nd rate cut - it slashed its key interest rate three quarters of a percentage point, and signaled that another half point cut could come as soon as next week - arrested, at least temporarily, the rout in equity markets around the world, which had hit Asia's bourses particularly hard. In the trading day before the rate cut, Hong Kong's Hang Seng had declined 8%, Tokyo's Nikkei 5.7% and Mumbai's Sensex 12 percent...
...mini-meltdown, and the Federal Reserve Board wasn't about to let that go unanswered. Before the U.S. markets had even opened, Fed Chairman Ben Bernanke - not a man known for dramatic gestures - slashed a key interest rate three-quarters of a percentage point. The surprise move arrested the rout, and the markets have since rallied, but investors are left to absorb an unavoidable truth: the U.S., still the world's biggest market for exports, appears to be in real economic trouble...