Word: term
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Dates: during 2000-2009
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...While the long-term damage to UBS may be difficult to gauge, experts say its reputation as a reliable institution has taken a beating. "Clients worldwide have lost trust in UBS's ability to protect their privacy," says Teodoro Cocca, former professor of asset and wealth management at the Swiss Banking Institute in Zurich. "This will affect UBS's attraction for wealthy clients - the main franchise of the bank...
...years, as the Corvair, Vega, Chevette and Cavalier served as mile markers on GM's road to bankruptcy. Thus, the new small cars will most likely receive a skeptical eye from car reviewers. That's one reason GM has retained 77-year-old Bob Lutz to extend his term as vice chairman indefinitely. A large part of Lutz's new job will be to charm some favorable reviews from a wary press...
...years, had won a large enough majority of parliamentary seats to create a governing coalition free of leftists—like members of the Communist Party—who had slowed market reforms in the past. The new government, more moderate and centrist in composition than in its past term, won such a large majority, in fact, that officials promised very bold action to continue India’s economic rise...
...market through selling state-owned businesses, loosening regulations on foreign direct investment, and creating a plan to reduce the deficit. India achieved 6.7 percent growth this past fiscal year only on the back of intensive government spending by the previous Congress-led coalition. Public-sector spending provides a short-term stimulus, but a more open economy is necessary for sustainable growth...
...college education. State schools, especially the upper-tier ones, have been swamped with applications during the last decade. That's a trend that will only be enhanced by higher gas prices and more expensive plane tickets. As for families being clustered, that's going to be a long-term effect that may take a generation to manifest as young families mature during a time of higher gasoline prices. (See pictures of the college dorm's evolution...