Word: boom
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...acoustic guitar, the production values of older albums were quite different. Most of Darnielle’s back catalog finds him alone, strumming his guitar furiously, his voice passionate and raw. The tracks were frequently accompanied by an overwhelming low-fidelity hiss, courtesy of the cheap Panasonic boom box with which Darnielle recorded for years. This is not to say that the aesthetic change is an abrupt one; Darnielle’s conversion from lo-fi god to studio craftsman began with 2002’s “Tallahassee,” which dispatched with the distinctive fuzz...
...HOUSING BOOM As the housing industry flourishes, bond insurers expand to guarantee riskier, more complex debt, like subprime mortgages...
...first move was to consolidate domestically, by selling off peripheral holdings in paper and forestry (Agnelli's family business) and using the proceeds to swallow eight rival firms. This gave the company new reserves and more sway over prices to the domestic steel industry, just before the commodities boom really kicked off in 2003 with China's explosive growth. But instead of allowing costs to expand with growth, Agnelli reduced overhead, turning logistics, for example, into a core competency. Vale now owns numerous ports and 10,000 miles (about 16,000 km) of rail. That's critical in a country...
...refineries - projects that cost billions of dollars and can take about seven years of work before any new oil is sold. That decision turned out to be a bad miscalculation, say analysts. It ignored the biggest factor that has sent the world's oil demand soaring - the economic boom in China and, to a lesser extent, India. "No one saw this coming down the line 10 years ago," says Harry Tchilinguirian, senior oil market analyst for BNP Paribas in London. "You have to look at where demand growth is. Everyone looks West of the Suez Canal. But in fact...
...Another reason for the town's wedding boom is that matchmaking is a serious business for a minority group trying to preserves its identity in an overwhelmingly Muslim region. Christians have lived in Iraq almost since the beginning of Christianity itself, and though they presumably fell in love and married just like everyone else for centuries, love became something of a cottage industry in Ankawa after the first Gulf war. When the Kurdistan broke away from Saddam Hussein's Iraq, the town became a hub for single Christian men living abroad who could now return in search of a mate...