Word: climbed
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Faced with the imposition of sharp punitive tariffs, Japan signed the semiconductor trade agreement on July 31. But any hopes that the new accord would settle the conflict were quickly dashed. When the prices of Japanese chips sold in the U.S. began to climb, U.S. chip buyers objected, and some began threatening to take their manufacturing operations overseas. Meanwhile, slower sales abroad created a chip glut in Japan, driving Far East prices as much as 50% below the agreed-upon "fair market" values. Result: a boom in illicit roundabout sales. Large numbers of low-priced Japanese chips turned...
...small village) in the Loita Hills. The Land Cruiser travels for three hours over paved road to the dusty frontier town of Narok, then follows a rutted washboard road across an empty and chokingly dusty plain until it shifts into four-wheel drive and begins the slow climb up into the hills. It is lovely in the hills. They look somewhat like the Sangre de Cristo Mountains of New Mexico. Part of their beauty is their pristine remoteness. One rarely encounters a white man there...
Lincoln was the highest democratic man. By studying him, we glimpse a peak of human excellence. Small-souled men throw spit-balls at the mountain. Ignore them. Join the others embarking a climb. They may not reach the top. They may not become Lincolns. But they just might become serious human beings. That's no small distinction...
...parody of the old-shoe aristocrat. As a movie-industry wheeler-dealer in the '20s, he introduced a bit of Harvard to Hollywood. But back East it was show business as usual, especially when he introduced his mistress Gloria Swanson to Rose. The high point of his social climb was undoubtedly the * ambassadorship to the Court of St. James's in 1938. "This is a helluva long way from East Boston," he told his wife during a weekend with the King and Queen at Windsor Castle...
...stable mark, however, could have some negative side effects. During 1986 the climb in the mark's value reduced the cost of imported oil and other industrial materials and helped companies afford a 4.5% wage hike for employees. But similar wage demands this year could become a heavy burden if the mark stops rising. Giersch voiced fears that pay increases could cut profits, dampen investment and lift the inflation rate to 3%. He suggested that Bonn should strike a deal with the labor unions, in which the government would cut taxes by 5% in exchange for wage restraint...