Word: spiralling
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...who’s counting? Will Shortz, Editor of The New York Times Crossword Roving Reporter (RR): Mr. Shortz, it’s an honor to meet you. So, what’s your favorite crossword clue of all time? Will Shortz (WS): The answer was “spiral staircase.” The clue was “it may turn into a different story.” RR: I like it! So, I know you are responsible for editing the Sunday New York Times crossword, but how long do you think it would take you to complete...
...enact new protectionist policies--which economists say could worsen the global recession--17 of the G-20 countries have implemented such measures in recent months, according to the World Bank. Individual nations' attempts to preserve jobs and industries through tariffs or subsidies "can lead to a negative spiral of events," according to the bank's president. In its report, the bank says 47 separate isolationist measures have been put in place since November...
...sounded pretty beat up," a fellow recruiter told investigators later. "He seemed to be upset about recruiting and didn't want to be out here." Patrick was taken off frontline recruiting and assigned to company headquarters. But it didn't stop his downward spiral. The day after a squabble with his wife on Sept. 19, Patrick hanged himself...
...Stimulus Spending As an economic theory, the concept is widely accepted: When consumer and corporate spending collapses, government should increase its spending to prevent a downward economic spiral. The real controversy comes with the next questions: Which government, and by how much? Economists at the International Monetary Fund have recommended globally coordinated stimulus spending of about 2% of GDP to counteract the recession. But so far, that challenge has only been accepted to varying degrees. As a group, European countries, including members of the G-20 like France and Germany, have proposed lower rates of stimulus spending, both this year...
...between the U.S and Mexico; the U.S. has stopped a program that allowed Mexican trucks on American roads, and Mexico has retaliated with tariff increases. Said World Bank president Robert Zoellick: "Leaders must not heed the siren song of protectionist fixes. Economic isolationism can lead to a negative spiral of events such as those we saw in the 1930s, which made a bad situation much, much worse...