An agreement on the Johor-Singapore Special Economic Zone (JS-SEZ) was announced in early January, after several months of negotiations. The project encompasses a large part of the southern Malaysian ...

A contraction is the phase of the business cycle when the economy declines, often with falling real GDP and rising unemployment, moving from peak toward trough (expansion, peak, contraction, trough).

Some may recognize the above quote from Sally Field's Oscar acceptance speech in 1985 (which differs somewhat from the apocryphal but far more recognized "you really, really like me" version that's ...