Word: steepness
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Dates: during 2000-2009
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...anything that's not priced as a starter home - you're not likely to feel the benefit of a faster moving inventory. And if you're trying to sell a high-end house, you're really out of luck. (See high-end homes from across the country that, despite steep markdowns, just won't sell...
...project proposal earlier this year. The new plan could also lift spirits at a time when Hong Kong's tourism has taken a hit on swine flu concerns. According to the Hong Kong Tourism Board, the number of new visitors to the city in May dropped a steep 13.4% year on year. For the first five months of the year, however, new arrivals were down a more moderate 1.4%. Mickey to the rescue...
...them is the China story. The Organization for Economic Cooperation and Development recently revised its GDP growth forecasts for the country from 6.3% to 7.7% in 2009 and from 8.5% to 9.3% in 2010, on the back of government stimulus spending that appears to be making up for a steep drop in exports. The World Bank has also raised its 2009 forecast from 6.5% to 7.2%, and projects that China will replace Japan as the world's second largest economy in two years. (See 10 things to do in Shanghai...
...Fernández's fall has been a steep one. Kirchner, elected in 2003, has been credited with nothing less than saving Argentina after its epic financial collapse of 2002. But he decided not to run for a second term in 2007, deferring instead to his wife, then a popular Senator. Though critics claimed their plan was simply to alternate in power for 16 years, Fernández won decisively and took office with a near 80% approval rating...
News of the steep reduction came Monday, as final budgeting announcements were made across the Faculty of Arts and Sciences, Wilkinson said. FAS is currently planning a major internal restructuring to help it cope with what is projected to be a $220 million deficit over the next two years. The University announced on Tuesday that it would be eliminating 275 staff positions over the next few days to help reduce compensation costs...