Word: barrel
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...national debt and an economy that remains on course to grow by 7% this year. The fount of much of the nation's newfound wealth - oil and gas - isn't affected by these banking liquidity problems. As long as the price of oil stays somewhere above about $70 per barrel, the windfall profits will continue to roll in. Moreover, only about 2% of Russian households - the very affluent - own stocks, so the market plunge won't affect the population at large...
Alaskan Senator Ted Stevens has been known for decades as one of the most effective pork-barrel politicians in Congress. In his four decades in the Senate, he has helped funnel money to his home state for everything from volcano research to salmon fishing to the infamous "bridge to nowhere," work that has made been him beloved by his constituents but fiercely criticized by his opponents...
...more than $500 million in pork-barrel projects for Alaska in 2000, including funding for spruce trees, salmon, the study of volcanoes and reducing fetal alcohol syndrome...
...first to set up an award for non-Japanese cartoonists, the ex-foreign minister has gained the support of young voters. His characteristic off-the-cuff remarks win him the image of a gruff political straight shooter - he admits, for instance, that he is "prone to pork-barrel spending," but says that to reinvigorate Japan's economy he plans to spend more to stimulate domestic demand. "The economic situation is getting tough," said Aso on Sept. 22, the day he was elected to lead his party. "The biggest mission given to me is to resolve this, and I plan...
...commodities markets dropped precipitously, by almost 30 percent, from their all-time highs—according to Dow Jones-AIG Commodity Index—potentially reversing some endowment gains. Much of this was due to a substantial fall in the price of oil, which peaked at $147 per barrel but has been trading closer to $100 in recent days...