Word: boosts
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...Adding to such concerns, consumer prices in South Korea surged to a three-year high in August, largely due to rising energy costs. Higher prices for heating oil, gasoline and consumer goods act as a brake on domestic consumer spending, which Korea badly needs to boost to revive its economic growth. Recent data suggests that South Korea may be entering a period of "stagflation," in which slowing economic output is accompanied by rising costs. The ruling Uri Party has proposed tax cuts to help spur domestic consumer and corporate spending. But export growth slowed to less than 30% year...
...work went to waste. We have a new light-rail line and a spanking new airport, among other badly needed infrastructure improvements. And while they're still counting the number of visitors to the Games, the tourism ministry assures us that the industry could get a 25% to 30% boost because 4 billion TV viewers got a picture-perfect image of our magnificent country. We'll see. But I couldn't help but notice that the Athens Games weren't even over before everyone started talking about Beijing 2008. Money is not the only source of our lingering bad feeling...
...good a summary as any of the state of play in Iraq today. Even if the battle for control of the mosque ends in al-Sadr's retreat, the struggle for control of the country is far from over. Resolution of the standoff in Najaf may help boost the legitimacy of the interim U.S.-backed government and its Prime Minister, Iyad Allawi, among Iraqis fed up with al-Sadr's truculence. And yet the renegade cleric still commands thousands of fervent followers willing to take up arms anytime at his order, and his strident defiance...
...immigrated. An Israeli university study recently predicted 30,000 will eventually make the switch. And they're being welcomed by an Israeli government facing demographic challenges from the region's Palestinians. In the 1990s, more than 1.2 million people emigrated to Israel from the former Soviet Union - a huge boost to a nation with 6.5 million citizens, fewer than Paris. But since Russian immigration dried up, Israeli officials have switched their focus to France. Like most French emigrants to Israel, the Zerahs are Sephardic Jews, whose families went to France from North Africa; Marc Zerah was born in Tunis...
...four-hour ceremony was pitched perfectly between reverence and glee, as some 10,000 athletes from 202 countries were introduced to 72,000 spectators and a couple of billion other people. It was just the kind of perfectly secured, glitch-free triumph that the Greeks needed to boost their confidence for the 16 days ahead...