Word: spiraling
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...Normal Now, there are signs in some places that we are nearing an end to the downward spiral that reduced house prices 32% nationwide and, according to the Mortgage Bankers Association, erased $3.5 trillion worth of home equity. New-home sales are ticking up, and for the first time in three years, the S&P/Case-Shiller home-price index, which tracks changes in home prices in 20 U.S. cities, has shown a monthly gain...
Although every day in Iraq repeats the endless spiral of bombs in crowded bazaars and mosques - each fueling demands for retribution - things are slowly getting better. Last month the number of violent deaths in Iraq fell to 275, down from 437 in June. And that's a good sign for the security prospects following the redeployment of U.S. forces out of Iraq's urban areas. In Baghdad, the violence has ebbed to the point that the Iraqi government, whose forces are now responsible for security, this week announced that over the next 40 days, it will tear down the razor...
...current mission was quite different. In addition to freedom for Ling and Lee, Clinton no doubt intended to explore ways to arrest the diplomatic downward spiral that's ensued since Obama entered the White House in January. The North has tested its second nuclear bomb (the first test was in October 2006) as well as a long-range missile and has said it has no intention of ever rejoining the so-called six-party talks - the Bush Administration's ultimately futile attempt to get the North to, in effect, re-enact the Agreed Framework of the Clinton era. (See pictures...
...chunk of the population of that region, who fled the fighting only to be detained in overcrowded internment camps. Without that crucial first step toward peace, Sri Lanka's alienated Tamils may never feel truly part of the nation. "If that does not happen, we are in a downward spiral in every way," says Vasudeva Nanayakkara, a Sri Lankan politician who has known Rajapaksa for more than 40 years as a friend and frequent ally in Parliament. "The way in which the state treats the victims of the conflict - that will be the basis on which national unity will...
Meanwhile, employment continues to plummet - manufacturers axed 25,700 jobs in June as the automotive industry extended its downward spiral - and the Canadian loonie has climbed to nearly US$0.90 from a low of US$0.78 earlier in the year. The hollowing-out of manufacturing in Ontario, combined with a strong currency, means Canada's export sector is taking a beating not seen in decades, with no sign of relief on the horizon...