Word: weaknessness
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Samir says that beyond resolving the political conflicts in the Muslim world, there is much hard intellectual work that needs to be done to combat violence and expand freedom within the religion's ranks. "Islam is living a moment of great intellectual weakness. There is a crisis of thought," he...
More eye-catching was a report of more weakness in the manufacturing sector, and a bearish Commerce department report on construction spending, which declined at a seasonally adjusted 3.3% rate in February, confirming that the recession is still well in play.
They went in with a mission. Only two wins behind Dartmouth, the leader of the Ivy League standings, the ladies of the Harvard women’s basketball team knew that they needed to win. Mission accomplished. In what would be a fiercely contested back-and-forth game against Cornell...
The sources of economic weakness in the fourth quarter were across the board. Consumer spending dropped at a 4.3% pace, its worst performance since 1980. Nonresidential private fixed investment - a.k.a. capital spending - fell at a 21.1% rate, the worst since 1975. Exports fell at a 23.6% annual pace, the worst...
The bears, instead, are looking at the Chinese economy's continued signs of weakness. Exports, a key driver of growth, continue to plummet as demand for China's toys, blue jeans and TV sets dries up in the United States. In January, exports plunged 17.5% from the same month a...