Word: berners
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...surcharges on services like airline tickets (up 7.9% so far this year) and higher prices on pretty much anything that travels before reaching a store. Even clothing has been inching up after months of deep discounting. "I wouldn't expect a lot of relief on gasoline prices," says Richard Berner, chief U.S. economist at Morgan Stanley. In addition to geopolitical tension, the hurricane season and its potential to disrupt refineries on the Gulf of Mexico lie ahead. And as we grudgingly get used to $3-per-gal. gasoline--it's been nearly two years since crude oil broke...
...fashion conscious, but I would never condemn anyone for the clothes they wear.” But these fashion individualists endure the stares, brushing aside hurdles like a lack of materials and the incredible difficulty of seamstressing along the way. Many, like Isabelle M. Berner ’08, began their experiments outside the ordinary fashion world by traveling abroad. Since she was seven, Berner spent her summers in France selling her beaded jewelry to passers-by. “I used to stand outside and sell, until I got older. Then I would put my younger, cuter cousins...
...continue to surge. Analysts who expected global economic growth to slow?thus curbing some demand for crude?as oil passed $40 and then $50 per barrel have been proved wrong. "Warnings that [$50-a-barrel oil] would threaten a global downturn turned out to be too pessimistic," says Richard Berner, an economist at Morgan Stanley in New York. With prices threatening to bust through $70, though, the chances of an energy-related economic slump are growing by the week...
...those who desire death with dignity because they are terminally ill or so severely impaired that they cannot eat or even breathe. On the other hand, the same people often do anything in their power to enforce the death penalty. What word other than hypocrisy is appropriate? Michel Berner Wallisellen, Switzerland...
Looking further ahead, TIME's board expects the Fed to resume its anti-inflation stance as the economy recovers and raise interest rates in 2002. According to Berner and Shepherdson, the central bank may do that as soon as next spring. While higher rates would raise the cost of mortgages, car loans and credit-card debt, they would also signal to Americans that the sharpest slowdown in a decade is behind them. It may be safe to feel more exuberant again...