Word: year-long
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...recession isn't far away. "The debate is not whether we're going to have a soft landing or a hard landing in the U.S. but how hard the landing is going to be," says Nouriel Roubini, professor of economics at New York University. He sees a sharp, possibly year-long U.S. recession and a global slowdown. Despite Asia's torrid growth, consumers in China and India accounted for only $1.6 trillion of the world's spending last year, a tiny fraction of the $9.5 trillion spent by Americans, according to Stephen Roach, head of Morgan Stanley's business...
Surrey will seem balmy in comparison with his subsequent destination. On the evening of Jan. 11, on a rooftop in Liverpool, pinioned by the icy winds blowing in from the Mersey Estuary, the city's prodigal son will launch a year-long festival marking its selection as one of the two European Capitals of Culture for 2008 (the other one, Stavanger in Norway, is even colder). It will be Ringo's first rooftop performance since the Beatles' final gig atop London's Apple Studios in January 1969. That day, enveloped in a scarlet coat and insulated by his thick mane...
...Year-long Daylight Saving Time is green, safe, and economically sound, and based on personal experience it will make people happier. Long live sunny afternoons...
...student loan industry has been exposed as a backwater of corruption and insider dealing. Paid vacations to the Caribbean and private stock offerings have made quid pro quo a moniker for the student lending industry. Prompted by the year-long crusade against this $85 billion per year industry led by New York State Attorney General Andrew M. Cuomo, the Department of Education issued new rules last week to prevent such illicit practices. While these federal regulations will help curb financial abuses by lenders and universities, they are not as stringent as many state statutes, and offer far too many loopholes...
...space. Opening to great fanfare on Dec. 31, 1999, on the cusp of the new millennium with Queen Elizabeth II and U.K. Prime Minister Tony Blair in attendance, the Dome was initially considered a failure. Sure, it lured 6.5 million visitors to its themed Millennium Experience attractions during its year-long run - many more than any other U.K. attraction - but the government had naively promised to draw 12 million. Moreover, Britons largely considered its publicly-funded $1.22 billion price tag a waste of lottery and public money. That it took another three years to finally unload it - at a cost...