Word: swift
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...will revive as if nothing had happened. The most recent poll from the Blue Chip Economic Indicators newsletter shows that many analysts expect GDP to recover as early as the third quarter but since that the measure was down 6% the last two quarters, such a swift recovery would be like building the Great Pyramid by hand in six months during a raging sand storm...
Well, once again, Hardin's heart was broken. Reaction from Montana's three-man Congressional delegation was swift and unanimous, but hardly supportive. "I understand the need to create jobs, but we're not going to bring al-Qaeda to Big Sky Country - no way, not on my watch," said Sen. Max Baucus, a Democrat. (See pictures from inside the Guantanamo Bay detention facility...
...Monday, the European Union's health commissioner Androulla Vassiliou told reporters in Luxembourg that she was "not worried at this stage" about a pandemic sweeping across Europe, but she urged travelers to avoid Mexico and the United States anyway. That prompted a swift rebuke from Richard Besser, the acting director of the Centers for Disease Control and Prevention (CDC) in Atlanta, who rejected her advisory as "quite premature." Even so, the CDC website "recommends that U.S. travelers avoid all nonessential travel to Mexico." As for the World Health Organization, it's calling on nations to keep their borders open...
...recipe for swift price correction. "What's surprising is how rapid the decline has been," says Scott Berman, U.S. leader of hospitality and leisure consulting at PricewaterhouseCoopers. Even time-shares at top lodging companies are taking hits: Starwood Hotels & Resorts Worldwide reported a 48% decline in revenues from its vacation-ownership business in the fourth quarter, with the average price per unit plunging 31%. Similarly, Marriott International posted a 32% revenue drop in time-share sales. David Loeb, a senior analyst at Robert W. Baird & Co., sees more pain ahead. He projects Starwood's vacation-ownership sales revenues to fall...
Roosevelt was a presidential overachiever - and his swift, take-charge method of governing was exactly what an ailing, Depression-weary nation needed in 1933. After delivering one of the most famous Inaugural speeches in presidential history - does the phrase "The only thing we have to fear is fear itself" sound familiar? - Roosevelt had been in office barely 24 hours when he declared a four-day bank holiday and drafted the Emergency Banking Act, which helped calm a financial panic that was quickly spiraling out of control. By the time he hit the 100-day mark, Roosevelt had instituted the "fireside...