Word: slowdowns
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Dates: during 2000-2009
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...with the onset of a recession, the average junk-bond fund fell 10%. Then it surged 37%, 18% and 19% over the next three years. During a slowdown in 1994, junk-bond funds fell 4% but then rallied more than 12% in each of the next three years...
...debts, nationalizing bad loans and doling out seed money for small enterprises to every village. But after half a year, GDP is down 1.4%, exports have dropped 11.7%, investment has fallen by 6% and private consumption by 0.4%, and bad debts are still plentiful. Thaksin blames the world economic slowdown, but while others cautioned that was coming, he still promised boom times. Not all the numbers are heading south. Unemployment is up 0.6% and the cost of bribes is up 15%, according to a study sponsored by the Office of the Civil Service Commission. Thaksin's economic policies...
...markets with liquidity (read cash) and slashed interest rates three times and counting. In Europe, interest rates were cut by the Bank of England and, finally, by the European Central Bank. The terror attacks have resulted in the most pointed and pronounced response to any recession or slowdown in history. That alone could cause the global economy to bounce back fast...
...economy was clearly sliding into a recession. The attack pushed us over the brink, and this in turn exacerbated the global slowdown. During the Asian economic crisis in 1998, the U.S. was the one factor keeping the global economy going. Now, as you travel around the world, you can see the impact. Areas like Taiwan and Singapore that weathered the last crisis well are now into recession. I spent a lot of time in Latin America recently, and you can see it there even more strongly. Ecuador, for instance, sends a huge portion of its workforce abroad...
Though KSG faculty were informed of the budget shortfall at a meeting in October, Nye’s speech was the first public recognition that one of the University’s schools is feeling the pinch of financial difficulties related to the national economic slowdown...