Word: toughness
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...world is in the grips of a perilous market crunch, the boom is over and tough times loom. The U.K.'s FTSE-100 stock index has nosedived in recent days and is down about 35% in the past year. Three famous British banks have already imploded - Northern Rock, HBOS and Bradford & Bingley. And after a dramatic plunge in the stock price of other banks, the deeply rattled British government came to the rescue on Oct. 8, announcing an emergency $88 billion recapitalization package. The City has been through enough slumps to know what to expect next: layoffs, shrinking bonuses...
While John McCain and Barack Obama debate the tough economic situation, Harvard Square’s homeless community has been living it. According to a 2008 homeless census conducted by Cambridge for the ninth year in row, the city has witnessed a 10 percent increase in homeless individuals between 2006 and 2008, putting the official tally of Cantabrigians without a home at 487. As the economy worsens, even more people have been taking to the streets. Robert C. Reddick is one of Harvard Square’s recent victims of homelessness. After years of factory work, including stints...
...McCain was left with this: "When times are tough, we need a steady hand on the tiller...
...Despite the fact that Kryzan is spending a lot of her energy making up this financial deficit, the tough primary fight was to her advantage. She was the dark horse against two other Democrats - an Iraq war veteran who had the backing of the Democratic Congressional Campaign Committee, and a millionaire who'd previously run against the district's retiring Congressman, Republican Tom Reynolds. After Kryzan's opponents fired off a series of nasty television attacks ads, she produced a brilliantly effective one showing two men engaged in a brawl near a park bench. In the ad, Kryzan appears...
...about confidence, stupid. Plummeting markets keep the economy the primary concern of voters everywhere, but remedies are a tough sell - especially for governments that have been in power too long to blame the current mess on their predecessors...