Word: slump
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...last year's, remains out of line with the 3% deficit limit imposed by the E.U.'s Stability and Growth Pact. Raffarin has dismissed the pact as "mathematics," but smaller states that have done their fiscal homework aren't amused. Yet making France pay a fine during an economic slump could hurt its neighbors, too. "We're ready to do what the Commission demands," Budget Minister Alain Lambert said last week, "as long as it bears no risk of pushing France into recession." The great hope for Raffarin is one that he admits remains largely outside his ken: a return...
...Carreras. The Stones gigs (Nov. 7 and 9) will have special resonance: the old rockers cited SARS fears when they canceled two March dates in Hong Kong. They then drew 450,000 fans to a July concert in Toronto, helping that city bounce back from a SARS-induced tourist slump...
...calamities were, properly speaking, Davis’ doing. As much as Dartboard would delight in bashing the helmet-haired weasel, Dartboard has to conclude that there is precious little a governor can do about inter-state price manipulation by large energy firms, let alone about a nation-wide economic slump, which has cut into state revenues across the country. (And no, Mr. President, this does not let you off the hook for your genuine economic mismanagement. The federal government is in a much better position to stimulate the economy, and Dartboard does not look kindly on your failure create jobs...
...more excited because they were my first goals this year [rather than because of the record],” Cross said. “It was good to get out of my scoring slump. Now I’m pretty much back in the swing of things...
Once again the U.S. is pulling the world out of a slump. If form holds, emerging markets, Asia and Europe will play follow the eagle. So if you've been sitting on your thumbs while the Dow has soared 27% since mid-March, don't compound the error by piling into U.S. stocks now. Instead, get in on the recovery rally overseas...