Word: slumps
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...waitress implores me to eat fish. “You’ll have no energy.” I slump over some flavorless noodles—“my energy is FINE. Look how energetic...
...first three months of this year, output fell by 10% compared with a year earlier. The World Bank now expects the economy to contract by around 8% for 2009 as a whole. Traditional industries such as steel are hurting badly. The decade-long consumer boom has turned into a slump as unemployment soars. The government has cash to spend after years of sensible budget policies, but the central bank will be forced to keep interest rates high as long as inflation is stuck in double digits and trust in the ruble remains shaky...
...strong start in June, according to Toyota, as consumers bought more than 13,000 units. But it's the sales of Toyota's other vehicles, such as its full-size pickup truck, the Tundra, and its hip little Scion that have borne the brunt of Toyota's sales slump. The company hopes to stem the decline by beefing up sales of its small utility vehicle, the RAV4, its Sienna minivan and the Camry sedan. Toyota executives have also raised incentives and are trusting that rising gas prices will help arrest the sales decline. Toyota traditionally does well as gasoline prices...
...crisis is tangible for everyone, and Italy will suffer," says Matteo Marzotto, head of the National Tourism Board. "We're in the middle of a war." That may sound dramatic, but consider this: in 2008, Italy's tourism revenues fell 5%, the first drop in seven years. The slump has already translated into a loss of $5.2 billion and at least 150,000 jobs...
...than 60% of the population, the news has triggered widespread panic. Top bureaucrats have been huddled up in meetings to chart out contingency plans to minimize damage to an already-stagnant agriculture sector in an economy which has only just begun to show signs of recovery following the worldwide slump...