Word: surplus
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Dates: during 2000-2009
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...euro and the pound sterling have also strengthened, with the E.U. currency rising by about 10% in the past year alone. A stronger currency makes European exports more expensive for foreign buyers. But that didn't prevent Germany from notching up a $200 billion trade surplus in the first 11 months of last year, the largest since the fall of the Berlin Wall. The good news is that buoyant exports have boosted business confidence in Europe's biggest economy and led to an unexpectedly strong increase in domestic demand. German companies appear to be hiring again: in December, the number...
...economy is now one of Europe's most dynamic, racing along at an 11.3% growth clip. Estonia is the only new European Union member to have a budget surplus, and its national debt is shrinking rapidly. Naturally, there are growing pains: the unemployment rate has fallen so sharply, from 14% in 2000 to about 4% today, that businesses are scrambling to find workers. "This is the best time in our history," says Sten Tamkivi, Skype's Estonian operations manager. Skype has 250 people in Estonia and reckons that it will have exhausted the local labor market once it gets...
...competitive and highest-turnout general election, according to UC Treasurer Benjamin W. Milder ’08. Because the UC was no longer responsible for planning—and funding—campus-wide social events, money that once went to CLC was freed up in the budget. This surplus has been directed to HoCos, student groups, and the party fund. Some of the CLC’s previous responsibilities, such as shuttles, have disappeared. HoCos will receive an additional $25,900 this year, the party fund has been allocating 60 percent more money for parties, and student groups...
...color may be crimson, but the University stayed out of the red this year.Amidst rising expenses and concerns about future revenue growth, Harvard maintained its financial footing this year, the University announced yesterday in its annual report for fiscal year 2006.But the University’s reported operating surplus of $100,000 on $3 billion in revenue was markedly lower than last year’s $44 million surplus. This year, the rise in expenses outpaced revenue growth by two percent, in contrast to even revenue growth and expenses the previous year. The report highlighted several causes for the increase...
Necessity, that great mother of invention, played her role in the creation of DeepStream Technologies. Chief executive Mark Crosier and his core team found it necessary to get work in 2003 after losing their jobs. They became surplus to needs when Eaton Corp., an electrical company based in Cleveland, Ohio, bought the part of Delta Corp. where they worked. "Our whole team was severed in a redundancy, and we decided to design and build a business rather than all pursue our separate ways," recalls Crosier...