Word: slowdown
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...currency explains why gold has not yet made a clear jump above the historic high set a year ago - in U.S. dollars, that is. The dollar has appreciated enormously during the global economic slowdown. All else being equal, this lowers the price of gold for U.S. investors buying with dollars...
...walking tour of Allston and Brighton Saturday morning, local residents reiterated their concerns about the slowdown in construction of Harvard’s Allston Science Complex, but also said the University should focus on finding “creative solutions” to improve the current state of the neighborhood...
Today the tigers are being tripped up by this same lifeline. As consumer and industrial demand dries up in recession-racked Western countries, East Asia's export-led nations are proving to be highly vulnerable to a synchronized global slowdown. Among the tigers, overseas trade is shrinking with frightening speed: Taiwan's exports in January plunged 44% from the same month a year earlier, while Singapore's fell 35% and South Korea...
Late last month, residents’ concerns about the construction slowdown erupted into active resistance as neighborhood groups decorated Harvard-owned properties with banners protesting the University’s presence. Objections that residents have raised include the unattractiveness of vacant Harvard-owned real estate and the ever-diminishing prospects for a revitalized neighborhood...
State Representative Alice K. Wolf, who acknowledged Harvard’s financial difficulties, said that the University’s obligations to Allston are still binding despite the economic climate, and that the slowdown would “undermine the community’s support and trust...