Word: spreading
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...President Bush's attempts to corral other Arabs into his peace initiative also took a hit because of Gaza. On Monday, pro-Hamas protests spread throughout the Middle East, and even Egyptian President Hosni Mubarak - no friend of the Palestinian Islamists - reportedly called Israeli officials and asked them to lift the Gaza blockade. On Tuesday Egyptian police clashed with Palestinian protesters, who tried to force open Egypt's locked gate with Gaza at the Rafah crossing. At least 50 protesters, many of them women, were injured...
...pedantic about it, that means a "significant decline in economic activity spread across the economy, lasting more than a few months." That's the semiofficial definition of a recession, courtesy of the National Bureau of Economic Research, a private think tank that since 1929 has determined the start and end dates of U.S. downturns. A clearer but clunkier standard is two straight quarters of declining gross domestic product. Or there's Harry Truman's classic definition: "It's a recession when your neighbor loses his job; it's a depression when you lose yours...
...possible U.S. military action against Iran have given President Mahmoud Ahmadinejad a scapegoat, helping him maintain power by stirring nationalist solidarity. And the removal of Saddam Hussein and the Taliban, combined with the decline in U.S. influence in the region, has created a void that Iran has exploited to spread its influence...
...story of Yum Brands shows that in the global economy, it's not so much what you sell but how you sell it. Ten years ago, Colonel Sanders was losing the global fast-food war to the Golden Arches. PepsiCo had spread its restaurant division too thin, planting capital-consuming, company-owned-and-operated stores in 32 countries instead of franchising them as it does in the U.S. But PepsiCo did set up valuable infrastructure, including supplier relationships and local management teams. "PepsiCo laid down the tracks but hadn't yet taken advantage of the opportunity," says Novak. In swift...
...easy.” In news sure to break the hearts of adolescent males everywhere, porn legend Jenna Jameson announced that she would be retiring from the porn business, saying at the annual adult video awards (think: Oscars of porn) that she would “never ever spread my legs again” in a porn movie. Though a devastating loss for the silver screen, Jenna is sure be remembered for her unforgettable performances in such cinematic classics as “Up and Cummers 10” and “Dirty Bob’s Xcellent Adventures...