Word: multiyear
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Dates: during 2000-2009
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...China and the rest of Asia reaped enormous benefits from a mercantilist growth model that was tied increasingly to the voracious appetite of the American consumer. Unfortunately, Asia did not do a good job in hedging that bet. The U.S. could now be in the early stages of a multiyear consumption retrenchment, making the problems of an unbalanced, export-dependent Asian economy even more acute...
...front man had criticized the Angels after a biker stabbed to death a spectator who had pulled a gun during the melee; the killing was ruled self-defense and charges were dropped. (Much of the episode was captured in a 1970 documentary film about the Rolling Stones.) Overseas, a multiyear turf war across Scandinavia involving the Hells Angels in the 1990s reportedly included attacks with machine guns, rocket launchers and grenades and cost close to a dozen lives. More recently, three bikers were killed during a massive brawl between the Hells Angels and the rival Mongols gang at a Nevada...
Today, the coast is clear and clean. But clean is not the same as pristine. Decades ago, some of the spill found its way to a beach on Knight Island in the Sound, a site that scientists studying the accident would designate KN-102 but which during the multiyear cleanup would earn another name: Death Marsh...
...into Israel. There will also never be anyone better in Syria for Israel to deal with than the secular Assad government. Syria may only get weaker as time passes: its economy is in bad shape; it has a history of problems with Islamist insurgent groups; and it faces a multiyear U.N. tribunal investigation of the assassination of former Lebanese Prime Minister Rafiq Hariri that could reach high into the Syrian government. The Syrians accuse the tribunal of being a political tool of American and Israeli interests, but it may still make them willing to cut a deal. (Read "Lebanon...
...cheaper, but their investment portfolios are likely thinner. Eric Bjorgen, an analyst at Leuthold Group in Minneapolis, notes that in face of low prices but a very uncertain near-term future, an investor's patience should be the determining factor: "This is a market only for those with a multiyear time horizon...