Word: slump
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That may sound dramatic but consider this: in 2008, Italy's tourism revenues fell by 5%, the first drop in seven years. The slump has already translated into a loss of $5.2 billion and at least 150,000 jobs...
...expressed greater concern. At Crate & Barrel on Mass. Ave., assistant manager Radhika Ramdev said that the tax increase would hurt the store, which stocks big-ticket items like furniture and appliances. According to Ramdev, Crate & Barrel has already been struggling in the difficult economic climate and has experienced a slump in sales over the last six months...
...Companies that are majority owned by the government include some familiar names, among them China Mobile, the world's largest mobile phone company by subscribers, Baoshan Steel and China National Petroleum Corp. The role they play in China's hybridized economy appears to be expanding due to the global slump. As Beijing fights recession with a $586 billion stimulus package and as banks boost lending at the behest of the government, the private sector looks to be getting squeezed out. Loans to private firms in January totaled $61.7 billion, down $102.5 million from the previous month, even as total lending...
...captain Hayley Bock said. “We’re going to try to beat them no matter what field we’re on.”Harvard is coming off an impressive weekend at Brown, where the offense broke out of a persistent slump in a big way, scoring 37 runs as the Crimson took three of four from the Bears. Co-captain Bailey Vertovez led the offensive resurgence, batting an incredible .692 last week with a .765 on-base percentage, six runs scored, six RBI and four doubles en route to being honored...
...knew we were hitting the ball, and we knew that we had to keep doing what we were doing and we weren’t going to let [Saturday’s] split get us down. We’ve been working hard to get out of our hitting slump and it just really paid off this past weekend.” Shaw got the action going when she singled to first. She was able to score off a Francis double and a single by junior Melissa Schellberg, who is also a Crimson sports editor. Harvard’s biggest...