Word: slump
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...military, domestic security and veterans services. If enacted, projected deficits will reach $1 trillion over the next five years. The proposal also abandons financial support for some of the nation’s most important social programs. Bush is taking advantage of the country’s economic slump and the war on terrorism to give tax breaks to his wealthy political patrons and to spend money we don’t have on Republican pet projects...
...coalitions are extremely rare in German politics, and both the SPD and the CDU explicitly ruled out such an arrangement after last September's parliamentary elections. But the stakes are too high to reject cooperation now. Unless Germany reforms its economy, the country risks falling into a Japanese-style slump of little or no growth and a downward spiral of deflation. An early casualty of this forced coalition will be Schröder's proposed new taxes - including increased levies on company cars and dog food - designed to help close an j18 billion budget deficit. "Most of these taxes...
...Several factors, including the prolonged slump in the stock market as well as new University rules regarding research centers led to a change of terms,” stated the press release...
...sustained period, the current shortfalls could be erased. In the Netherlands, corporate and industry occupational pension schemes have lost about 44% on their equity investments. But, says Ophélie Mortier, a funds expert with Pragma consulting in Brussels, the strategy of Dutch funds "is to outlast the slump, then take advantage of what they believe will be significant growth." Some U.K. funds are also sticking to higher-risk shares, rather than moving to lower-risk bonds (and risking being out of the market when equities recover). Says John Birch, secretary to BA's pensions schemes: "Over the long-term...
This year Mazzoleni is trying a new approach to avoid another post-exam slump. Rather than scheduling an exhibition game during the break as in years past, the coaching staff put the team through a three-day mini-training camp, designed to emphasize fundamentals and conditioning...