Word: weaknessness
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Retail purchases fuel half of American consumer spending, which stimulates the country's economic growth. In the past, consumer spending has comprised as much as two-thirds of the gross national product. "Retail sales is the most important number because it doesn't gauge reactions, but gauges what consumers are...
The result: economists across Europe are writing off 2009 as a year to forget, and some expect the weakness will continue into 2010 and beyond. Consumption will likely be sluggish and business investment soft. In European countries where the real estate market had overheated, including the U.K., Ireland and Spain...
As President, Poppy is depicted as having the strength to use U.S. military might to push Iraqi troops out of Kuwait and the wisdom - not the weakness - to stop short of Baghdad. Stone seems to admire him more than any other President he's depicted. (In JFK, Kennedy was a...
The Connecticut justices spend most of the remainder of the 85-page decision explaining how gays have been victimized. The court felt this was necessary in order to classify gays as a "quasi-suspect class" entitled to heightened protection under the state constitution. And so there is page after page...
But scary conditions elsewhere hardly drew attention away from the underlying weakness in Europe's own supervision of its financial institutions. Most of the continent is conjoined into a political union of 27 countries, 15 of which use the euro under the monetary authority of the European Central Bank. But...