Word: slump
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Dates: during 2000-2009
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Keep that in mind when listening to those presidential candidates talk economics. By the time one of them takes office a year from now, this year's slump will probably be history. It's the other stuff that he or she might actually be able to do something about...
...population - was in an industrial whirl, thanks to its success in mining and steelmaking. Flanders was considered a backwater; it wasn't until 1930 that Flemish students could study in their own language at a Belgian university. Now, with the decline of heavy industry, Wallonia is in a slump while Flanders is one of Europe's richest and most dynamic regions. And many Flemish resent having to subsidize Wallonia's stagnant economy with an annual handout estimated at around $9 billion, or about $3,000 for each Walloon...
...with 1:46 left, and following a timeout, McGeary was able to pick off a Christensen pass. Just 21 seconds later, Housman hit his three. Over the course of the game, it was clear: as went Housman, so went the Crimson.As Housman broke out of his offensive slump, Harvard followed suit, with the point guard leading his team down the stretch.“Housman is a key for us,” Amaker said. “If we’re not getting the kind of play that he is capable of we may not be as good...
Amid a global slump for full-service airlines, with U.S. and European carriers going bankrupt and slashing staff, flights and passenger amenities, Singapore Air is flying resolutely and profitably against the wind. It is bringing its fine wines--and its lobster thermidor, its flat-opening sleeper seats and its famous Singapore Girls--to an airport near you. SIA's recent expansion to 45 U.S. flights a week is great news for the cadre of U.S. business travelers who can pay extra to fly what many consider the world's best airline. But it's a blow to the likes...
Even a month ago, the global economy seemed poised to weather the U.S. sub-prime crisis with relative aplomb. But, suddenly, something approaching panic has gripped the world's financial community. The headlines are grim. The U.S. housing slump is worsening. Banking giants such as Merrill Lynch and Citigroup are posting record losses. The U.S. dollar is getting pounded by the British pound - and virtually every other currency. Oil has run up as high as $98 per bbl., and gold - the traditional doomsday investment - has topped $800, its highest level since the early 1980s...