Word: thursdaying
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...seasonally adjusted 18,000, nearly twice the level predicted in a poll of 30 economists by the news agency Bloomberg. It was the first increase in joblessness since February 2006. "The economic crisis has reached the labor market," said Frank-Juergen Weise, head of the Labor Agency. On Thursday, the government reported that German exports, the main driver of the country's economy, plunged 10.6% in November from the month before, the largest monthly decline since 1969. Joerg Kraemer, a Commerzbank economist, says the data support a bleak outlook on the overall economy. "We continue to expect German...
...Hanks was not sticking to the script. Called up to the stage by Sony boss Sir Howard Stringer during the keynote speech on the opening day of the Consumer Electronics Show Thursday morning, Hanks exsanguinated the hand that...
...have continued to do so long enough for Blagojevich’s impeachment proceedings to fully run their course. Instead, party leaders conceded on Wednesday to clear a path for Burris provided that he receives the endorsement of the Illinois secretary of state and demonstrates to Illinois legislators on Thursday that no impropriety tainted his appointment. These conditions miss the point. Even if Burris was not involved in any shady dealings, the allegations against Blagojevich call the governor’s judgment into question. Blagojevich has potentially violated the public trust upon which his power to make such a decision...
...President-elect Barack Obama admitted as much in a major speech on Thursday, making the case for Congress to act quickly on his plan, dubbed the American Recovery and Reinvestment Plan. "There is no doubt that the cost of this plan will be considerable," he said. "It will certainly add to the budget deficit in the short term. But equally certain are the consequences of doing too little or nothing at all, for that will lead to an even greater deficit of jobs, incomes and confidence in our economy." (Read Obama's full remarks...
...Jerusalem, an immediate end to the carnage in Gaza remains unlikely. Instead, Hamas and Israel are bracing for another deadly round. No matter how many Palestinian families are destroyed in the crossfire, neither combatant is ready to accept the other's truce terms. Hamas leaders in Syria on Thursday announced their rejection of a Franco-Egyptian plan for a cease-fire...