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...statistics released Thursday, March 4, show that growth in the euro zone in the last quarter of 2009 was an anemic 0.1%. But it would have been far worse had euro-zone exports not surged 1.7%. Domestic consumer spending - which has been the main growth motor in Europe over the past year - was virtually flat, while business investment dropped 0.8%. That export activity occurred prior to the recent drop in the euro's value against the dollar. Given that fall, many European exporters hope their increasingly affordable products will start flying off shelves. The reason: beyond its recent drop, some...

Author: /time Magazine | Title: Europe Looks to Export Boost from Weak Euro | 3/5/2010 | See Source »

...start of the fourth quarter, the Hoyas led Harvard by a mere 8-7, but Georgetown dominated the majority of the final frame, forcing the Crimson to attempt to dig itself out of a late five-goal hole. Constant offensive pressure from the Hoyas, along with a few defensive missteps by Harvard, allowed Georgetown to outscore the Crimson, 5-1, in the first 13 minutes of the quarter...

Author: By Catherine E. Coppinger, CONTRIBUTING WRITER | Title: Comeback Try Falls Just Short | 3/4/2010 | See Source »

...were able to string some goals together [at the close of the fourth quarter],” junior attack Dean Gibbons said. “In the end, it didn’t turn out right, but we made it a lot more interesting than it would have been...

Author: By Catherine E. Coppinger, CONTRIBUTING WRITER | Title: Comeback Try Falls Just Short | 3/4/2010 | See Source »

...first three quarters of the game were characterized by a pair of lead changes and four ties. The Hoyas jumped out to an early 2-0 lead, but after that neither team would find itself more than two goals ahead prior to the fourth quarter. In fact, the Crimson led Georgetown for most of the second and third quarters, and overall, Harvard recorded 42 shots compared to the Hoyas?...

Author: By Catherine E. Coppinger, CONTRIBUTING WRITER | Title: Comeback Try Falls Just Short | 3/4/2010 | See Source »

...last available official figures put Iran's economic growth at just 2.5% for the first half of the Iranian year (March-August 2009) - far short of the 8% targeted in Iran's fourth Economic Development Plan, which ends this year. Despite the apparent unknowability of third-quarter statistics, figures closely associated with growth - capital investment and permits for new construction projects - showed double-digit declines. Overall unemployment stood at 11.3%, while the out-of-work figure for those between the ages of 15 and 24 was estimated to be just over 24%. Real unemployment figures, however, are suspected...

Author: /time Magazine | Title: Are Iran's Leaders Hiding a Severe Economic Downturn? | 3/3/2010 | See Source »

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