Word: routed
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Dates: during 2000-2009
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...voting down the proposed $700 billion financial bailout package - and causing a spectacular stock market rout - a majority of members in the House of Representatives made a clear statement that they didn't want to put taxpayers on the hook for the failures of financial institutions...
...moreover, even if valuations in the U.S. financial sector get more appealing should the market rout intensify, there's another factor in play: governments in East Asia and the Gulf want their funds to help domestic companies, not foreigners. On Thursday, for example, Beijing's CIC announced it would make investments in three of China's biggest commercial banks - Industrial and Commercial Bank of China, Bank of China and China Construction Bank - that themselves are getting hurt by an economic slowdown and a real estate slump at home. "This is a significant policy initiative aimed at supporting China's leading...
...Jemaah Islamiah, an al-Qaeda-linked terrorist movement that twice targeted tourists on the resort island of Bali, the Indonesian government has waged one of the world's most successful wars on terror, with scores of militants arrested and terrorist cells infiltrated as part of S.B.Y.'s promise to rout Islamic extremism. At the same time, government-funded moderate Muslim operatives have reached out to youngsters who might be vulnerable to radical influences...
...Coming in the afterglow of last month's Beijing Olympics, the Sept. 7 legislative election was widely forecast to be a rout of the democrats by Hong Kong's pro-Beijing parties. Only a week before voters went to the polls, China?s gold medalists made a triumphal tour of the city - a move some saw as an attempt to drum up support for pro-Beijing politicians. Hong Kong's government denied the athletes' visit was connected to the election. But pro-Beijing candidates couldn't help but benefit from association with the victorious Olympians. "China is rising in international...
...also has hearts and minds to win. Only months after scoring the biggest electoral rout in Taiwan's history, Ma's approval rating has dropped to around 35 percent, both because of Taiwan's sluggardly economy and because of a leadership style that some see as too subdued for the island's raucous political arena. "The issue is his personality," says Yang Tai-shun, a political science professor at Taipei's Chinese Cultural University. "He's cautious and tries not to say more than he can promise. He puts too much stake on cross-Strait relations...