An anesthesiologist at Virginia Commonwealth University, working under a program sponsored by NASA, recently saved the life of a patient in Ecuador by alerting doctors to the patient's deteriorating condition in time to take corrective action.

FORBES: Remote Retirement

At a time when Britain's fiscal position, though deteriorating, is stronger than that of just about any other major economy, Mr Letwin is prepared to impose ferocious spending constraints in areas traditionally favoured by Conservative governments, such as the armed forces, the police, prisons and the roads.

ECONOMIST: Bagehot

But investors hardly expected the change at a time when the markets are fighting severe pessimism linked to the deteriorating situation in Europe.

FORBES: S&P Bank Downgrades No Match for Bernanke's Bazooka

Investors had begun to expect the ECB to announce a rate cut today due to deteriorating economy conditions, but the central bank kept rates steady for the time being.

FORBES: Futures Pare Gains After ECB Rate Decision

At that time we were tired of seeing shops and hotels closing and key sites and areas within the town gradually deteriorating.

BBC: 'Hotel school' in Tenby to offer student degree courses