Word: tightenings
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...steeply. In the eyes of many experts, the answer is a bleak one. "Unfortunately, the worst is to come," says Robert Reich, a former U.S. Secretary of Labor under President Bill Clinton and a professor at the University of California, Berkeley. Reich argues that consumers have only begun to tighten their purse strings, which will shrink business markets and force employers to cut costs largely through payroll reductions. "We will see substantial layoffs in the coming months, and probably through 2009," he says...
...states after Florida's 2000 debacle, when the entire nation's electoral processes were exposed as flawed and anachronistic. This year the two-week run-up is letting election watchdogs detect potential problems - not just defective voting-booth technology but also the new no-match, no-vote laws that tighten voter-identification requirements at the polls but that critics say threaten to inordinately disenfranchise minority voters. A new concern is the home-foreclosure crisis, which in hard-hit states like Florida may leave thousands of voters without a valid voter address to claim. No major problems have been reported...
...lost a second, part-time job that had helped pay the bills. She soon surrendered to the gods of credit-card debt. She visited a West Palm Beach credit-counseling service to deal with some $20,000 in unpaid bills. "I wasn't ashamed," says Calderon. "I had to tighten up. It was a decision I had to make to take care of my two kids...
...squeeze compounds a growing challenge to Dubai's revenue streams. The most obvious is the halving of the price of oil from $147 per bbl. to $70 per bbl. since July, sending Middle East stocks tumbling and rendering regional investors increasingly cautious. Likewise, a global recession is likely to tighten the belts of the international investors and holiday makers that Dubai relies on for its real estate and tourism developments. Even before the global crunch, banks in the United Arab Emirates (UAE) were being hit this year by an outrunning stampede of billions of UAE dirhams - so-called hot money...
...come out hard-pressed right away and maintain the press defense for the whole game.”“We need more ball control and we have to put together a whole game of defense,” Connolly added. “We just need to tighten up.” With two weeks until the Northern championships, it remains to be seen how far this squad can rise...