Word: shut
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Dates: during 2000-2009
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...While -10.4% sounds awful, nobody ever talks about the Great Depression of 1958. That's because the economy came roaring back later that year. This was in part a characteristic of the manufacturing-dominated economy of those days. GDP and employment would shrink precipitously one quarter as factories temporarily shut down to work off an inventory glut, then jump almost as much when they reopened. Things don't really work that way anymore - the jobs disappearing now aren't temporary layoffs, and the increased reliance on debt in the U.S. economy may bring self-reinforcing downward pressures that weren...
...Crusaders were quickly shut down, as sophomore Christine Matera and Berry each added three-pointers...
...Koreans kidnapped by North Korea and family members of kidnappees, have continued to organize their ongoing balloon launches in an unusually jittery climate of inter-Korean relations, ignoring threats by the North and pressure by the South to stop the launches. On Nov. 12, North Korea threatened it would shut the inter-Korean border within weeks. South Korea's Unification Ministry said North Korea, which has tolerated similar propaganda leaflets being floated in past years, made it clear that it would not accept messages saying the Dear Leader's days are numbered. Now, Pyongyang is blaming Seoul for failing...
...back, dampening another pillar of the city's growth: consumer spending. Simon Wong, president of the Hong Kong Federation of Restaurants and Related Trades, says sales at the city's 14,000 eateries have recently dropped off by as much as 20%. He fears many will be forced to shut down. "People are not so willing to spend their money eating out," he laments. (See TIME's special report on Hong Kong...
...Seoul is upset over the possibility that Pyongyang might shut the border, crippling a highly symbolic four-year-old joint industrial complex between North Korean and South Korean companies. Since South Korean laws protect freedom of speech, there's little the government can do to legally stop activists like Choi. That doesn't mean they don't try. "We cannot stop this activity," said one official at the Unification Ministry's public information office. "But we are making efforts." The Ministry would not outline how it has been trying to ground the balloons, but Choi says government officials have visited...