Word: ballooning
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...industrial index was off some 450 points in the past two weeks--is directly linked to the deepening trouble in Asia, which represents only 30% of American exports but about 100% of American worries. Cheaper Asian goods, made possible by currency devaluations, have caused the U.S. trade deficit to balloon: America is buying more from the Pacific rim and selling less. While that's good for companies like Wal-Mart and allows shoppers to buy lawn furniture and kids' clothing cheaper, economists are concerned that Asia is sucking at America's economic resilience. With Asian markets shrinking, farmers in Montana...
...legal hook. But will the American public accept that the President had only this definition in mind when he looked them in the eye and said he did not have sexual relations with "that woman"? No-one at the White House knows for sure -- hence the tentative trial balloon...
...carriers will arrange for you to give 5,000- and 10,000-mile increments to such charities as the Make-A-Wish Foundation, the United Way of America and the Pediatric AIDS Foundation. Lufthansa's Miles & More program lets you trade in 125,000 miles for a hot-air-balloon ride for as many as four people. Virgin Atlantic Airways offers a two-day parachuting course in exchange for 30,000 miles...
DIED. ALEX RITCHIE, 53, intrepid British balloonist whose airborne acrobatics--and buoyancy of spirit--last year averted mogul Richard Branson's balloon team's death by deflation; from injuries suffered during a parachute jump; in London...
This joke, told in Abbas Kiarostami's luminous Taste of Cherry, hints at the spirit of Iran's vital new cinema: knowing, poignant, as simple and universally significant as an Aesop fable. Kiarostami, who is Iran's leading director (Through the Olive Trees) and screenwriter (The White Balloon), tells his tales with the grace and gravity of a wise old man in a village square. Taste of Cherry, which won the top prize at Cannes last year, is the finest of his shaggy-man stories...