Word: springly
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TIME: Is the recession approaching a bottom? Schwartz: I think that when the final date for the end of the recession is determined, it will be shown that it occurred sometime in the spring of this year. But I don't believe the recovery will be very substantial, and therefore it's hard to say the worst is behind us. A lot will depend on how consumers behave. Consumers have been saving and not spending, and the absence of a big surge of this spending is what will prevent the recovery from being robust. In addition, in so many industries...
...anecdotes to share? There have been an awful lot. Let me think ... There are a lot of them, and all teach me something different. Spring 2008, went to a FOB [forward-operating base], we had launched a raid, and our guys had been in combat at 5-m distance, so much so that one of the young sergeants had to pick up an enemy machine gun and keep fighting. Another had, although wounded, already picked up a hand grenade that came on his position and attempted to throw it back and lost half of his arm in the process...
...interstate banking. Lately, though, I've been hearing similar suggestions from those of a conservative, University of Chicago bent. "When you give a lot of discretion to regulators, they don't use the tools that are given to them," Chicago economist Gary Becker said at a conference this spring. His prescription: rules, not leeway...
...This past spring, 25 of 72 eligible Law School employees accepted buyouts from the University. Administrators further reduced the personnel budget by eliminating some vacant positions and visiting faculty appointments, freezing faculty and non-union staff salaries, and slashing faculty allowances. Professors and senior administrators have also pledged several hundred thousand dollars in donations to help offset the budget...
...harmonious mix of sweet, sour, salty, woody and zesty. As appetizers, try the aromatic preserved radishes with sesame, the cucumber salad with scorched chili and Sichuan pepper, the "good luck" rolls of chicken and nori, and the crisp broad beans with "fish fragrant sauce" ("actually pickled chili, ginger, garlic, spring onion, vinegar and sugar," explains Dunlop). Segue to a mesmerizing array of delicate dumplings (the wrappers are made fresh each day in the kitchen and are fetchingly dyed with juices of spinach, red cabbage and other vegetables). A standout dish is rou jia mo: springy homemade flatbread that is filled...