All three shocks have caused, or been a catalyst for, a serious downturn in western economies. |
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The downturn in the technology sector has been unkind to those with a strong bias towards this area. |
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The recent downturn in the stock market has placed some investors into a bit of quandary. |
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What is there to stop the same thing happening to the Bulls should they experience a downturn in fortunes? |
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In many ways, he was the right person to take the troubled city through a difficult time caused by a major economic downturn. |
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She believed the offer of a good job she had secured would be withdrawn in the subsequent economic downturn. |
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He has blamed their financial situation on a national downturn in tourism and the impact of the floods. |
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He blamed the situation on a downturn in retailing nationally, rising interest rates and the town's new traffic system. |
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Also, revenue from taxes on capital gains has plummeted because of the downturn on Wall Street. |
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It blamed the closure on the downturn in the technology sector and the postponement of several projects with large blue-chip companies. |
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With an economic downturn encompassing the last twenty years, those lacking steady jobs in the formal economy now exceed half the work force. |
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Reuters, a leading provider of financial news, has been hit hard by last year's downturn in global financial markets. |
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Its strong brand in mobile phone handsets has allowed it to weather the downturn in the telecom sector. |
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All of this can exacerbate an economic downturn and, in turn, generate greater deflationary pressures. |
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Then came the economic downturn and a sharp decrease in the numbers venturing onto the slopes. |
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Yet the retirees and snowbirds who loyally filled the condos during Palm Springs' downturn in the 1980s and early '90s are still there. |
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The downturn is also thought to affect the fee income of barristers for whom personal injuries work is often their bread and butter. |
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It gets even tougher when an economic downturn follows hard on the heels of an economic upswing. |
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If it holds, the staycation bandwagon will be a powerful boost to domestic tourism operators languishing in the economic downturn. |
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At the first sign of trouble, easy money is applied to remedy any downturn either in the markets or the economy. |
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Now, moreover, with the nation in an economic downturn, is not the time to assert the urgency of passing referendum legislation. |
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In addition, the economic downturn has squeezed funding available from its owners and lower audience figures turned away potential advertisers. |
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The advertising industry has been squeezed by companies cutting their expenditure in response to the economic downturn. |
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Today business buyers are spooked by luxury deals, since it's tough to predict how far this downturn will go. |
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Like newspapers worldwide, French dailies have been hit hard by an advertising downturn. |
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And if he has to hike our taxes in the middle of a consumer downturn, it could spell disaster. |
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The most recent economic downturn has actually sparked an increase in spending on the tailored marketing vehicles. |
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It warned yesterday that even more people were in danger of falling into the poverty trap because of the economic downturn. |
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What appears different this time is that we seem to have gone through a business and investment downturn without a credit crunch. |
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While these actions are indeed forestalling a severe downturn, they are significantly increasing the probabilities for much worse down the road. |
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Did you seek counsel from other business leaders as to how to deal with the downturn? |
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The hurricanes could trigger an economic downturn, as consumer confidence plummets and spending falls across the country. |
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That pace may well be healthy enough to offset the contractionary forces of the tech downturn, falling exports, and rising layoffs. |
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The city, which depends on international trade, has been hit hard by the global economic downturn. |
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The diversification of applications and end users driving demand insulates telecoms against a downturn in any one sector. |
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An unexpected spike in jobless claims announced last week doused hopes that the economic downturn had finally reached an inflection point. |
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Whether these measures or a general economic downturn helped ease inflationary pressures in the housing market is open to argument. |
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During periods of economic boom, firms should look forward to the inevitable downturn which follows. |
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It comes on top of an expected 500m euro shortfall in tax returns and a dramatic downturn in the economy. |
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Art is a luxury, so our industry often feels an economic downturn before other industries. |
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The company's share price collapsed during the technology downturn, to the point where it was worth less than the cash it had in the bank. |
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The economist said the downturn in the US economy had played a major part in a change in sentiment. |
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Religious publications also appear to have weathered the downturn in religious practice. |
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The rising costs of supporting jobseekers through the downturn are a non-negotiable part of a civilised society. |
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It is easy to blame the general downturn for the decline in telecom capital spending. |
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There is a great deal of irresponsible leading going on and a downturn in the economy will expose it hurting all concerned. |
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At companies where the downturn has not radically reduced sales, penny-pinching can help. |
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Hurt by a downturn in the print industry, Wyndeham has been rationalising its business units to improve efficiency. |
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Councillors have backed plans to build a new Stromness ice plant, despite a downturn in the fishing industry and rising costs. |
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Consumer electronics has so far appeared relatively immune to the economic downturn. |
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Some of these businesses might even go under as a result of failing to cope with a sudden downturn in revenues. |
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His faith was in a simplistic Keynesianism that said willy-nilly government spending could cure the downturn. |
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Like many other dotcoms it's been hit by the economic downturn and the global decline in advertising revenues. |
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Compared to other post-war recessions, the downturn of 2001 is one of the shallowest on record. |
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The impact of the global downturn in the construction sector has wiped billions off the value of stocks in the sector. |
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He developed a theory of the downturn in the class struggle to justify this sectarian line. |
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Last year witnessed a dramatic downturn and 2002 promises to be little better, despite earlier hopes of a rebound in the second half of the year. |
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Many employees have seen a big drop in remuneration packages during the downturn which has had a knock-on effect on house prices. |
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Moreover, carrying on with the classical literary order was a means of mitigating the downturn in Roman affairs since the days of the ancients. |
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Europe, he said, was a more likely hunting ground than Asia, where hotel assets remain highly priced despite the industry downturn. |
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Thus, the expected growth from the single market may have been held back by the downturn in the business cycle. |
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If we don't, companies hardest hit by the downturn may go out of business or relocate out of Singapore. |
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Tech companies blame the sharp downturn in their industry for the big write-offs. |
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And with the prolonged stock market downturn, employers are running out of the time for smoothing out prior losses. |
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It is quite clear that the pro-Union electorate are switching off in droves, with each election indicating a downturn in registration and voting. |
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Out of all the sectors affected by the downturn, special activities holidays have fared best. |
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As long as we don't get a double-dip downturn, investors may look back on this quarter as a turning point. |
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People are just finding reasons and other explanations for the market downturn. |
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It was inevitable that a ratings war would happen just as the economy experiences a downturn and advertisers go cold. |
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We do not believe the global economy will experience a severe downturn, nor do we foresee a major inflationary threat. |
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It cited reasons of costs at a time when the economy was experiencing a downturn. |
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We're using the downturn to reposition our business to better prepare for the trends we see downstream. |
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What is there to stop the same thing happening to the team should they experience a downturn in fortunes? |
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He said all property is moving quickly and defying the doomsters who forecast a downturn in the economy. |
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The Institute of Directors sees the cut as a way of preventing the global downturn from dragging the demostic economy down with it. |
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It was the economic downturn, everyone was being retrenched and many people needed jobs. |
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A downturn in a lender's home market does not result in a drop in lending elsewhere. |
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It blamed a downturn in sales and the exchange rate between the euro and the US dollar for the closure. |
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But by the end of 2002 the stream of good news began to dry up as the economic downturn dragged on. |
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The sharp drop in foreign investment approvals came as no surprise to most economists, who had warned of such a downturn. |
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The economic downturn has cast a pall over CEO compensation, but that doesn't mean that CEO pay cuts or rollbacks are in the offing. |
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Admittedly there has been a recent significant downturn in foreign tourist arrivals. |
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But plans for the repairs and redevelopment work have been put on a slow burner by the government as a result of the sharp economic downturn. |
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The sharp downturn in the US economy has brought a rude awakening to many in the IT sector. |
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We are paying off an extra billion of debt, and we are putting much of the rest aside against the future needs of this possible downturn. |
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The 2001 recession will be the first in history whose causes and chronology were debated even before the downturn began. |
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The downturn turned him from the owner of a small carpet and floor maintenance company to a low-paid hourly wage earner. |
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But thanks to its new strategy, FedEx is sailing much more smoothly through this downturn. |
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The downturn in the economy caused the government to impose harsh austerity measures. |
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The automotive industry had been looking for the downturn ever since the last one. |
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Indeed, we have heard this sanguineness before, often just before the next downturn. |
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The company's near demise paralleled the savage downturn in market demand, aggravated by an unsupportable overhead structure. |
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He said the dramatic downturn in the number of graduates was an over-reaction to recent job losses. |
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But the response of pub owners to the downturn in trade has been typically dull-witted. |
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The European Central Bank refrains from meaningful credit ease as Euroland economies slide towards downturn. |
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Agents agree that the top end of the market has been hit by the recent downturn. |
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Will its products be enough to woo back investors despite fears of a telecoms downturn? |
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In this steep economic downturn, markets are flushing out overcapacity, winnowing the weak from the strong. |
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The downturn in the US should be expected to lead to a fall in the US dollar against the euro. |
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Over the last two years, the news has been uniformly bad, with every club in the SPL forced to downturn its finances. |
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The already terrible condition of Barcelona's poor had been augmented by a fierce downturn for the textile industry. |
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With a market downturn, firms are scrambling to sustain those billable hours and are rethinking how much they should pay their PMs, he says. |
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But because of the economic downturn, college enrollments everywhere are growing. |
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The forecast was for growth levels to echo those of other mature industries, when the current sectoral downturn ends. |
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These have increased as the US downturn deepened, with subsidiaries in Ireland sending more money back than otherwise would have been the case. |
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With the punishing economic downturn, police officers in many American cities are confronting what they describe as a surge in property crime. |
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When the downturn first began and investment banks in the City of London began a staff shake-out, Scottish fund managers were a beneficiary. |
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Essentially, the long downturn resulted from the sharp fall of the profit rate and the long time it took to recover. |
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For now, of course, the relentless tech downturn means a buyer's market. |
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According to Beaton, the additional downturn in tourism will have grave consequences. |
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The childcare vouchers were slashed or frozen in the economic downturn, leaving many families worse off. |
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It is our view that the relative poor performance of U.S. junk and corporate debt issues provides clear and ominous portents for the coming cycle downturn. |
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The downturn in the technology sector put a swift end to IT recruitment trends characterised by inflated salaries and rampant job-hopping at all levels. |
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But the idea that tax reform will jump-start an economy suffering from the after-effects of a cyclical downturn is nonsense. |
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Any economic downturn in the US would have a severe impact, given that the country's banking and financial system is heavily laden with bad debts. |
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But the once-promising film career she was supposedly leaving to chase was already on a downturn. |
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The increase in use tracks pretty well with the rise in unemployment and poverty during the downturn. |
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If a downturn happens early in the first term, things will be rough during that midterm election. |
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But the more debt you have on the books, the higher the risk that a downturn tips you into crisis. |
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But the standard rule may not apply that the president and his party are held primarily responsible for a downturn. |
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Or when many still claim that the massive increase in the monetary base after the downturn in 2008 caused widespread inflation. |
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Violator would soon suffer financially as the music industry experienced a downturn. |
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As recession looms, how much banks increase reserves depends on how bad they think the downturn will be and how many debtors may have trouble repaying their loans. |
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In the past six months, the sharp downturn in the market has seen increasing numbers of IT recruitment agencies experience profit losses, staff lay-offs and complete closure. |
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They clipped and copied newspapers, surveyed businesses, resurveyed them as economic conditions changed, and revisited their early contacts as the downturn unfolded. |
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Political interventions and more prestigious research areas seem to have contributed to a prolonged downturn in antimicrobial research after the second world war. |
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Withering drought, the sawmill closing, families leaving the district in droves and the nationwide rural downturn had brought Ranfurly to its knees. |
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He said that over-building coupled with chronic overpricing and a downturn in certain western European economies, such as Germany, would prompt a glut of apartments for sale. |
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The Government cannot use the economic downturn as an excuse to backtrack on assistance promised to the disabled in next month's budget, a lobby group declared yesterday. |
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One reason for the current intractability is that U.S. businesses over-reacted to the initial downturn. |
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But just as the company is getting back to normalcy, another downturn in traveller numbers following the recent events in the US thwacked it again. |
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Beneath a placid surface of seeming unconcern over the earnings downturn and cost squeeze, there is growing turmoil within Scotland's financial services industry. |
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The downturn in fundraising activity is most pronounced among unicorns, whose valuations arguably got carried away relative to public market prices. |
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Orchestras around the country are facing drastic budget crises, worsened by the economic slump and the consequent downturn in attendance as well as in corporate support. |
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The positive, fresh, upwardly thrusting white arrow isn't going very far, having been headed off fairly abruptly by the downturn of the larger, brown, depressive element. |
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A downturn in workload in Scotland had led the firm to try and increase business south of the Border which led to the group being hit by start-up costs. |
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Dublin continues to attract a steady number of visitors despite the downturn in the tourism industry since the terrorist attacks on New York and Washington in September. |
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But the fact remains that these entities providing credit insurance are not capitalized sufficiently to provide meaningful protection in the case of a serious downturn. |
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And, we certainly do not expect this thinly capitalized industry to provide much protection to the bloated GSEs when the downturn commences in the U.S. housing market. |
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Bearing in mind the old saying that one swallow does not make a summer, the statistic nevertheless does point to the danger of a deflationary downturn in the US economy. |
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The scale of the job losses indicate that Ireland remains largely unaffected by the international downturn which has forced US multinational companies to reduce headcounts. |
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Allan has proven himself to be a shrewd operator on a tight budget as his firm has attempted to weather the huge downturn in sentiment towards the telecom sector. |
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While we'd like to keep as much money as possible in the business to hedge against a downturn, we find that we're hindered by our corporate form and tax status. |
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Civil and chemical engineering salaries remained relatively stable, but electronic engineers were hit badly by the downturn in the technology sector. |
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Early this year, when it became clear that among the fallout from the tech-stock bust would be a global downturn, the dollar acquired the patina of a safe-haven currency. |
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In the current economic downturn, coupled with increasing insurance premiums and fall-offs in sponsorship, many festivals are struggling to survive. |
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Others are less optimistic, saying that the downturn reflects loss of momentum in the mobile comms sector, and they suggest that things could get worse before they get better. |
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In a short scene the Poles, characterised by mazurkas and polonaises, lament the downturn in their fortunes and decide to go in search of the new Russian Tsar and capture him. |
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Despite the prohibitive price tag, there is no sign of a downturn at the top end of the property market with only 12 of the 27 houses still unsold. |
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Many companies took the knife to their cost base early in the downturn and many have revisited their cost base as revenue projections became increasingly pessimistic. |
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That is driving that 800-pound gorilla of the home price downturn crazy. |
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The discounter had struggled during the U.S. economic downturn as its core low-income customers were hard hit by joblessness and other challenges in the weak economy. |
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As a result the growth in total wages has contributed far less to the overall growth in disposable personal income in this downturn than in prior downturns. |
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Normally, demand for durables tumbles just before a downturn, as it did in the late 1970s and late 1980s when people started to defer large purchases. |
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The doomsayers are confusing a cyclical downturn with a permanent trend. |
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The downturn in economic activity in Ireland in the second half of last year was unique in the context of previous downturns in the Irish economy. |
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As time passed, they began to think that a new revolutionary upsurge would not occur until there was another economic downturn. |
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Some of the companies in the Top 10 happened to be the biggest retrenchers during the 2009 downturn. |
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Of course the downturn of the economy didn't hurt either In fact I'm considering re-enlisting myself. |
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With this year's downturn in the national economy, big-ticket luxury items such as recreational vehicles would figure to be hard hit. |
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For example, reassessments performed between 1990 and 1995 failed to reflect the dramatic downturn in real estate values during that time period. |
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But Pragnell is hoping casa Bruja will sidestep the trend's downturn. |
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This increased their vulnerability to the collapse of the housing bubble and worsened the ensuing economic downturn. |
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Next came an economic downturn, in 1990, coupled with ballooning deficits. |
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The project in London's Fenchurch Street, dubbed the Walkie Talkie, has been on hold since 2009 because of the economic downturn. |
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The economic downturn following the end of the Napoleonic Wars in the early 19th century resulted in increasing numbers of unemployed. |
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The worldwide economic downturn is the primary reason for the declining fertilizer use, dropping prices, and mounting inventories. |
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The event was spurred by several events, including economic reforms that addressed an early 1960s economic downturn. |
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The crisis was nonetheless followed by a global economic downturn, the Great Recession. |
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The global economic downturn had a significant impact on the Jamaican economy for the years 2007 to 2009, resulting in negative economic growth. |
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The oil boom of the 1970s benefited Bahrain greatly, although the subsequent downturn hurt the economy. |
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This policy, known as malgachization, coincided with a severe economic downturn and a dramatic decline in the quality of education. |
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The town was reported to be doing well in 2009, despite the economic downturn. |
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The Great Depression in Canada during the early 1930s saw an economic downturn, leading to hardship across the country. |
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The reduction in prize money, announced in September 2009, was due to the global economic downturn. |
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Because of economic downturn, I onhold my dream first and use my lovely office's notebook IBM Thinkpad T60P as my best friend. |
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In 2008, it was revealed that the Northgate development was to be put on hold until 2012 due to the ongoing economic downturn. |
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If the Fed had done that the economic downturn would have been far less severe and much shorter. |
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The sudden downturn in the market saw the ironmasters quickly dismiss surplus workers and cut the wages of those in work. |
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We are currently experiencing a downturn, which is tied in with the national economy. |
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With the downturn, that started to turn around and people were really becoming pickier with what they do with their discretionary income. |
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With high-street stores desperate to increase footfall and buck the financial downturn, retailers have started issuing discount vouchers. |
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The group, Europe's largest dedicated palletised express freight network, defied the downturn to clock up an increase in earnings. |
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The first downturn came in the late 1980s when the parasitic varroa mite showed up in North America. |
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The war could not be blamed for the downturn in Welsh fortunes as all the home nations lost their young talent in equal numbers. |
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The construction, transport and telecommunications industries also felt the pinch of the economic downturn, Graydon added. |
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The downturn in the United States economy in 1852 led Marx and Engels to wonder if a revolutionary upsurge would soon occur. |
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Despite the economic problems that have beset the statelet, the airport has withstood the global downturn better than most of its competitors. |
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The deeper the downturn, the more powerful the snapback, and the greater the cumulative forces of self-sustaining revival. |
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Modi carries Singh's economic legacy which later worsened considerably, attributed by observers to a global downturn and misgovernance. |
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When any downturn in the labor market occurs, the poorest people in the UK are increasingly more vulnerable and at greater risk. |
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Hastening her decline has been a downturn in Brazil's economic fortunes. |
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Many authors cite the economic downturn in the beginning of the 1980s, and the subsequent adoption by the European Union of the Europe 1992 agenda as a primary reason. |
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Japan, before the attacks, was nearing the bottom of a major downturn. |
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Bingo clubs have been under pressure in recent years from the introduction of the smoking ban, restrictions on money-spinning gaming machines and economic downturn. |
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The Neolithic Revolution greatly narrowed the diversity of foods available, with a switch to agriculture which led to a downturn in human nutrition. |
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Increasingly, Washington leaders are talking about systemic risk as the issue to stabilize the markets and prevent a repeat of the problems that caused our economic downturn. |
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The Great Depression was a worldwide economic downturn starting in most places in 1929 and ending at different times in the 1930s or early 1940s for different countries. |
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According to Merina Abu Tahir, MAS regional general manager for Middle East and Africa, 'The offers are incredible in view of the economic downturn. |
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The resulting loss of foreign exchange earnings left the British economy more dependent upon exports, and more vulnerable to any downturn in world markets. |
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The economic downturn has affected both turnover and margins, with cashflow problems being exacerbated by the company's inability to destock, given market conditions. |
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Four in 10 retirees and half of pre-retirees say they are much more concerned about their financial situation in retirement than they were prior to the economic downturn. |
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For many area organizations, this downturn in funding has meant they have had to reline and retool plans and projects they had projected for themselves. |
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In 2011, the Centre for Cities named Aberdeen as the best placed city for growth in Britain, as the country looked to emerge from the recent economic downturn. |
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The oil sands market will experience a dramatic downturn in 2015 as the impact of the oil price fall impacts upon project economics and company budgets. |
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These events led to an immediate downturn in the fortunes of the Tories, and Pope's friend, Henry St John, 1st Viscount Bolingbroke, fled to France. |
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Cyprus annual harmonized inflation in August marked a significant decline, showing deflationist tendencies due to the continuing economic downturn. |
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Businesses are facing the worst downturn since the Great Depression. |
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Many of the workers have been casualized during the recent downturn. |
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The economy took a downturn with a depletion of foreign exchange reserves. |
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Australia is fortunate to have largely weathered the global downturn and to possess a federal structure that permits a degree of woolliness at the top. |
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We are projecting small declines in earnings in bulkships and a significant downturn in containership earnings, despite the outlook for growth in containership cargo volume. |
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Several key industries including housing, steel manufacturing and automobiles experienced a downturn from which they did not recover until the end of the next recession. |
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His undiversified investments left him overexposed to the market downturn. |
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It was built hoping for economic success, but reached a downturn due to technical limitations of the then early production process and limitations of the machines being used. |
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Suzuki and Subaru pulled out of the WRC at the end of the 2008 championship, both citing the economic downturn then affecting the automotive industry for their withdrawal. |
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Rising unemployment due to the economic downturn is spreading. |
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That project never went anywhere because of the downturn in the economy in Japan,'' said Don Maben, field representative for county Supervisor Steve Perez. |
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Whether the business downturn is just beginning to pinch or has taken hold, most companies will face a more difficult competitive environment in the months ahead. |
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The real cause of the loss was that the terminal bonuses were not guaranteed and were adversely affected by the downturn in Equitable Life's fortunes. |
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This gives them a significant cushion against the global downturn. |
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In the early 1980s, during and after the severe economic downturn of 19801982, a similar frenzy of price-influenced buying, cost slashing and offshore sourcing took place. |
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