Word: serious
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...While it may be hard to imagine, what the market's response means is that the economic crisis is so serious now that it is believed that the United States Treasury may not have the capacity to keep a net under all of the faltering bits and pieces of the financial and credit systems. Traders are sending a message and have decided not to be subtle about it. America is spreading itself too thin. It has taken on obligations to assist many of its largest financial institutions, aid hundreds of thousands of homeowners, create jobs through an economic stimulus package...
...Gomes asked as he waved a copy of the crimson report near his head. Greenblatt observed that students already had opportunities to create works of art for academic credit in departments like visual and environmental studies. But the proposal to extend academic recognition to all artistic endeavors would require serious pedagogical considerations, Greenblatt said, though he added that the suggestion was not “unthinkable.” “I am delighted to hear it,” Gomes said. “This is a room full of old dogs and these are some new tricks...
...impact on global trade: "Falling demand in advanced economies has had serious implications for global trade, with 2009 expected to experience the first yearly decline in world trade volumes since 1982, the largest decline in 80 years...
...cornerstone of Coleman's case was roughly 4,800 absentee ballots his lawyers say election officials improperly rejected. But a mid-February order from the panel severely limited the categories of absentee ballots it would consider - and, in the process, dealt a serious blow to Coleman's chances of winning the contest. When Coleman rested his case last Monday, he was arguing for the court to examine fewer than 2,000 absentee ballots. In his closing argument, Coleman's attorney Jim Langdon argued the election was so rife with error that the panel might not be able to declare...
...These people are criminal psychopaths," said Sir Hugh Orde, Chief Constable of the Police Service of Northern Ireland at a quickly convened press conference on Monday night. "They are determined to wreck what 99% of the people in Northern Ireland want." Orde acknowledged his officers face a serious threat but said "We will continue unrelenting in our job to protect the community...