Word: barreler
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Dates: during 2000-2009
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...precise rock on which the talks foundered - if it hadn't been one, it would have been another - was less significant than the evident power and influence that developing nations now have on the international economic agenda. Seven years ago, before Iraq, the subprime meltdown and $140-a-barrel oil, the world economic order was easier to maneuver. But the intervening years have seen huge growth - and concomitant influence - outside the U.S., Japan and Western Europe...
...first proposed in 2001, texting wasn't nearly as popular as it is now, and the language of the law never caught up with the times. Another bill has been introduced in the state legislature that covers texting, but until then, drivers in the Golden State are free to barrel down the freeway while manically thumbing their keypads. But don't get too cocky with your on-the-road texting. Drivers in four states - Alaska, Minnesota, New Jersey and Washington - can be cited for an infraction that in many ways defines the age of multitasking: DWT, or driving while texting...
...challenge is especially difficult because prices are being driven higher largely by a global surge in oil and food prices, which individual governments can do little to control. A barrel of oil today is nearly five times more expensive than it was in 2003; rice prices tripled between January and May alone. "Currently, inflation is not of domestic origin, and it's not as if the government has many instruments in its hands to deal with it," says Marut Sengupta, head of policy at the Confederation of Indian Industry. That problem has left some officials uncertain how to proceed, especially...
...need to add one thing to your equation. Oil is traded in U.S. dollars. So a weak dollar allows other countries to buy more oil, which in turn drives the price up. Strengthen the dollar, and make a barrel less attractive. Charles Shields, Knoxville, Tennessee...
...frequently as he now talks about economic issues, his attempt to embrace two conservative economic models at once isn't helping his credibility. On the one hand, McCain argues for fiscal discipline, with his promises to end wasteful pork-barrel spending (which he mentioned five times during his appearance in Ohio). On the other, with his commitment to tax cuts, he embraces supply-side economics, which maintains that short-term deficits don't really matter...