Word: callings
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...difference between short-term rates and long-term rates. Banks make money when they can borrow money on a short-term basis - think about your deposits - at little costs and lend it out on a longer-term basis - your mortgage - at a higher rate. That's what economists call the yield curve. And the steepness of the curve, which is the difference between short-term rates and long-term rates, is what really determines how profitable banks...
...fatigue - or more precisely, what the fatigue represents. A feeling of exhaustion is often a stand-in for anxiety. Most students - particularly comparatively high achievers who have already gotten into college - learn to use the stress that accompanies a test as a prod to action and concentration. The experts call the phenomenon "achievement motivation," or a kind of competitive energy spurt...
...visited a distillery in Kentucky called Buffalo Trace, which takes a rather unique style to making whiskey. Buffalo Trace has what they call an "experimental" line, and what they do is they try a little bit of everything to see what kind of taste variations they can get. They do all sorts of things there, they use rice in their mash, they use different ages, different kinds of barrels. The one I had was aged in a cabernet cask. There are a great many people who love whiskey who take themselves very seriously. And the ironic part of that...
...those kinds of calls may come in a lot more handy than big-name endorsements from out of state. Voter turnout, according to the Virginia secretary of state's office, is looking to be low given the rate of absentee-ballot returns thus far. The last time Virginia even bothered to hold a Democratic primary for the governor's mansion was 1977, and 500,000 people showed up. The state's population has doubled since then, so no one is expecting turnout that low. But when victory could mean an extra 20,000 votes, McAuliffe's and Moran's much...
...Farage's call - echoing that of many Labour MPs in recent days - surely won't be the last; expect further dissent at a meeting this evening between Brown and Labour MPs. Despite the rumpus, though, there are reasons Brown - only two years into his premiership - could yet cling on. Rebel MPs have so far shown little sign of uniting around a single replacement for Brown. Even if they manage to, choosing a second successive unelected Prime Minister would make an immediate general election almost inevitable. - Adam Smith / London