Word: steps
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Dates: during 2000-2009
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...Jerome Levy Forecasting Center, says economic downturns up to and including the one in 1982 have largely revolved around temporary shocks to the economy such as high oil prices, backed-up inventories, lofty interest rates and other problems responsive to sharp correctives - after which unemployment rates eased in step with other recovery indicators. More recent recoveries from economic downturns, however, have tended to go forward without major gains in employment, a reflection of the fact that the underlying economic problems of modern recessions have been more complex and therefore more difficult to solve. Levy thinks the same dynamics...
...Sheldon, who shot a two-over 73 to pace the squad. Yesterday, the team was able to continue its winning ways. “I think we were definitely happy about our performance this season,” captain Ali Bode said. “We took it one step at a time. Now, going into the off season, we’re looking forward to more training—last year we won Ivies, and it’s our goal to repeat.” The scores posted by Harvard over the weekend were lower than expected. Many...
...countries in recent weeks to make his case, he has yet to secure the loans needed to avoid a default on Pakistan's debt. Pakistani officials insist that they have no intention of defaulting, and the Pakistani rupee rose this week amid signs that the International Monetary Fund might step in to rescue this frontline state in the war on terror. The IMF confirmed Wednesday that it would soon enter discussions with Pakistan over ways to assist its economy. But help from the international community will almost surely be conditional on a more robust effort against the militants - an option...
...massive uncertainty in the air, and in a market it is perfectly logical - perhaps even necessary - for uncertainty to be reflected in asset prices. Uncertainty, as reflected in volatility, is legitimate information, too. In a panel discussion about volatility's implications, Morgan Stanley executive director Robert Shapiro took a step back and asked: "Why is volatility inherently bad?" Maybe it's not. But it is kind of ugly...
...Status of Forces Agreement would mark the first time a representative Iraqi government formally declares that U.S. troops are on Iraqi soil as invited guests rather than as U.N.-sanctioned occupiers. And precisely because it is finally accountable to the Iraqi electorate, that's a step that the Iraqi government appears to remain unlikely to take. If, in fact, Iraq's government turns down the deal, it questions the very basis of the ongoing U.S. mission. (After all, enabling a democratically elected Iraqi government to take charge of the country is, ostensibly, the basic goal of the mission...