Word: felling
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...global financial crisis begins to take its toll on the real economy, Germany's export machine has hit a wall. German exports fell 2.5% in August, the sharpest fall since 2003, as consumers and companies around the world cancel orders for everything from high-end industrial equipment to chemicals...
...garage or consolidating shopping trips. That has meant a huge slump in Americans' gas use. Even before the market meltdown, Americans consumed 800,000 barrels of oil a day less during the first half of this year than the same period last year. As demand fell, so did prices, and as prices have fallen, investors have begun pulling money out of the oil market, fearing a collapse, says Leila Benali, an expert on Middle East oil for the Cambridge Energy Research Associates in Paris, adding: "People are getting nervous about demand next year. There is talk of a global recession...
...stock-market investors, this week was the worst ever. The Dow industrials fell a record 18%, with the NASDAQ down 15% and the S&P 500 off 18%, as the crisis that has been roiling debt markets finally slopped over to equities in full force. The euphoria of the last hour of trading on Friday - when major markets turned positive and then ended the day only slightly down, with the Dow dropping a relatively modest 128 points, to 8,451.19 - hardly offset the terror of a rambunctious 700-point drop in the Dow at the opening bell. Events were...
...According to a government document obtained by The Crimson, the club fell short on its 2007 tax payment and did not subsequently make up the difference when the city first contacted the club in the summer...
Chilling out is no mean feat for traders and investors these days, though; they appear to see panic selling as the better option. On Friday, Hong Kong's Hang Seng fell 7.19%, while trading in Australia shot down 8.2%. Japan's Nikkei index dropped 9.62%, bringing its total loss for the week to 24%. Even before Asia's miserable day was over, European markets gave new force to the glumfest, opening with plunges near or in double digits. By day's end, those declines had been scaled back to 8.85% on London's FTSE 100, 7.7% on Paris...