Word: sluggishness
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...addition to the sluggish economy, an important factor in the dollar's weakness may be fears that President Reagan, because of his recent brush with cancer, will not be able to serve out his full term. Says Alfred Roth, the chief currency trader at New York City's Chemical Bank: "So much of this market is not just economics. It's pure psychology, and Reagan's health has done a lot to hurt the dollar." Agrees Pierre Rinfret, a New York-based economic consultant: "Confidence in President Reagan's leadership made the dollar a strong, upbeat currency for roughly three...
With an initial circulation of 200,000, EM is a risky proposition for Johnson, particularly at a time when magazine advertising revenues are sluggish. A rival publication, MBM: Modern Black Man, has a year's head start, and several other magazines aimed at black men have folded in recent years. But no one in the industry is underestimating Johnson, whose 40-year-old Ebony has a circulation of 1.8 million. Says Don Jackson, president of Chicago's Central City Marketing: "Johnson will convince advertisers. I think Ebony Man's going to make...
While the effects manifested themselves in a sluggish start, in the long term it didn’t seem to matter. Harvard took a couple weeks to shake off dry-season rust before winning the Truxtun Umstead, a major intersectional regatta, securing a berth in the 2006 New England Sloops Championships and taking the top co-ed ranking in the nation...
...GlaxoSmithKline in London are devising ways to get their workers moving. Sprint banned cars from much of its 200-acre headquarters, forcing employees to park in garages a good distance from their offices. Many buildings are separated by walks of up to half a mile, and they feature intentionally sluggish elevators to encourage the use of attractive, well-lit stairways...
...official workweek is just 35 hours. The U.K. government will try to block Parliament's move at a meeting of E.U. labor ministers next month, and may get support from as many as eight other countries, including Germany and Ireland , who want the E.U. to focus on boosting sluggish economic growth rather than tightening social protection. - By Peter Gumbel...