Word: stagnantly
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...Total and luxury goods maker LVMH. Nearly everyone feels the pinch; the national statistics institute predicts that household purchasing power will be virtually stagnant in the first half of this year. Meanwhile, it's unclear where the government will find the extra €1.6 billion to fund the public-sector raise - new Finance Minister Thierry Breton last week downgraded official forecasts of economic growth this year, from 2.5% to nearer 2%. A Bad Day At The Bourses Is the boom off in Central Europe's stock markets? After posting record gains in recent months, bourses across the region stumbled last...
...legal across the U.S., fusion voting was banned by a majority of states for partisan reasons. It’s time to bring it back. The model has worked wonders in New York State, where the Working Families Party (WFP) is stirring up the state’s stagnant political scene. The WFP now attracts hundreds of thousands of votes from those left out in the cold by the major parties, from blue-collar workers who used to vote red to urban minorities who used to vote blue to suburban independents who otherwise might not vote...
...have becoming unwitting underwriters of the Sudanese genocide. European, Chinese, and Russian multinational firms enjoy both a lack of restrictions on doing business in Sudan and free access to American capital markets. The terrible result is that Sudan, a country with a $22 billion in foreign debt and a stagnant economy, can now afford state-of-the-art military equipment and fund large militias that ravage African villages in Darfur...
...highly competitive prices, fueling the U.S. trade deficit. But overall, the growth of China as a market is still seen as beneficial for the Asian economy, which needs all the help it can get following December's devastating tsunami. Thanks in part to the Chinese boom, Japan, which was stagnant for much of the 1990s, is growing again. China last year overtook the U.S. to become Japan's biggest trading partner. China accounted for 20.1% of Japan's total trade, compared with 18.6% for the U.S. The panelists expect Asian cross-fertilization to continue; indeed, Sachs said that the closer...
TIME: The auto industry is pretty stagnant. How do you grow...