Word: takings
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Dates: during 2000-2009
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...Take the Asian financial crisis of 1997. In South Korea, the biggest corporate failure - the collapse of the humungous Daewoo Group - happened two years after the onset of the crisis, when healthy economic growth had already returned. The crisis had undermined the fundamental willingness of a reformed banking sector and reform-minded government to continue backing the country's bloated and financially irresponsible companies. Daewoo's problems originated before the Asian crisis, but they only exploded after the crisis...
...fact is that the world economy continues to be burdened by heavy baggage created during the boom times, problems that could take years to resolve. U.S. consumers are undergoing their own debt workout, one that might even worsen if joblessness continues to rise. Though defaults on credit cards in the U.S. fell in October, delinquencies, or late payments, rose - a sign that financial firms could expect more losses down the road. Japan, which experienced its fastest growth in two years in the third quarter, is dealing with the nasty problem of deflation, an indication that the economy is suffering from...
...right and so forth. Each object was shown with a related sound - so subjects heard a meow with the picture of a cat, and a crashing noise coupled with the image of a gong. After studying the 50 images and locations, the participants were asked to take a short nap in a recliner in an adjacent room...
...week," notes Gabriele Bertone, an agent at a Milan talent agency. "Now we get hundreds." A recent poll among young girls in Milan showed their top choice of profession was to be a velina. "Sure, everyone wants to be [one]," shrugs Anna Depoli, a Milanese secretary waiting to take her seat in Quelli Che ... Il Calcio's audience. "If you're a velina, then you have the chance to get to know football players, and if you marry them, you could end up with a lot of money." (See Berlusconi's top 10 worst gaffes...
...whose relationship with Berlusconi spurred feverish speculation in the Italian press this summer - knows how the game works. "[I want to be] a showgirl," she told an Italian newspaper. "I am interested in politics, too ... I'd rather be a candidate for the Chamber of Parliament. Papi Silvio would take care of that." Last year, Berlusconi formalized the politics-showgirls link, appointing Mara Carfagna, 32, a former velina and topless model, as his Minister for Equal Opportunities. This summer his party nominated four young starlets as candidates for the European parliamentary elections. "The idea was to make the party younger...