Word: slowest
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...There may be little hope, however, of avoiding the next stage of the global financial crisis: dramatically slower economic growth. The surprising speed at which Asia's economies are decelerating was made clear in China's third quarter GDP figures, released Monday. At 9% growth, China experienced its slowest quarter since 2003. The State Council over the weekend issued a policy statement in which the government promised to provide economic support through greater infrastructure spending, and by offering tax breaks to help small companies and the sagging property market. As the global financial crisis unfolds, the role Asian governments play...
...financial sectors sound. But Asian stock markets, most of which have plummeted by 30% or more this year, are signaling harder times ahead. Falling export growth and tighter credit are already beginning to pinch. Merrill Lynch expects GDP growth in Asia (excluding Japan) of 7.7% this year, the slowest pace since 2003. Next year could be worse if the U.S. enters a full-blown recession. "There are few signs as yet of the damaging effect but it will show up soon enough," says Ramon Navaratnam, a former senior official in the Malaysian Finance Ministry. "We cannot escape the contagion...
...unusually fast and relatively untroubled expansion. Glenn Maguire, chief Asia-Pacific economist for Société Générale in Hong Kong, estimates that GDP growth in East Asia (excluding China and Japan) could sink from about 6.5% this year to 5% in 2009, the slowest rate since 2001. Inflation, Maguire says, "is the largest risk to Asian growth since the financial crisis...
...player, made four Wimbledon semifinals, but says the new grass forced him to alter his natural game midcareer. "I remember sitting at a change-over in 2002 in utter frustration and thinking 'What on earth is going on here? I'm on a grass court and it's the slowest court I've played on this year.' " Veteran tour pro and former Wimbledon doubles champion Jonas Bjorkman says the slower grass courts have homogenized the professional game. "There is a danger that we will have only one type of player soon because everyone is growing up on courts that...
...police forces and fire departments of most major American cities by the late nineteenth century. For years, they governed capitals like Boston and New York, and blackballed Jews and Italians from their political machines. Still, Sowell notes, “…[in America,] the Irish were the slowest rising of the European ethnic groups...