Word: quarterly
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...says it may be losing its potency as newer strains of the virus spread around the region. A new study by University of Hong Kong microbiologists of a virus outbreak earlier this year found that chickens that had been vaccinated against the H5 virus had only one-quarter as many antibodies as those vaccinated in 2001. Yuen Kwok-yung, head of the University's microbiology department and an expert on avian flu, warned recently that the vaccine may be approaching total failure...
...about Deng's achievement. (This magazine certainly has long thought so; he is one of only four non-Americans to have twice been named TIME's Person of the Year.) A friend of mine in Hong Kong describes what is happening in China today like this: Think of a quarter of the world's population - with all its good and bad, beauty and ugliness - rejoining the mainstream of human development after centuries when it stood to the side...
...economy. The automakers and their suppliers employ more than 2.5 million American workers - nearly one in 10 U.S. jobs. The $15 billion is intended to see Chrysler and GM in particular - Ford is in better financial shape and is not asking for any short-term help - through the first quarter next year and to give the incoming Obama Administration time to work out a more long-term solution...
...year. Current estimates for 2009 hover around 3 percent, even as economies around the world stagnate or shrink. Yet the government’s more optimistic prediction, of 3.5-4 percent, was reinforced by yesterday’s release of exceptional growth data (6.8 percent for the third quarter...
...about 2.5% and lend at 5% now borrows at 2.5% and lends at 4% - an entire percentage point has been stripped from the bank's ability to make money. More than half of all banks saw their net interest margin - a measure of profit - fall in the third quarter compared with a year ago, according to the Federal Deposit Insurance Corporation. "After you pay your stockholders and employees, maintain your capital ratio and fund your growth, it gets pretty tight," says Mike Menzies, president and CEO of Easton Bank & Trust in Easton, Md. (See pictures of the recession...