Word: climbing
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Dates: during 2000-2009
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...cost in human suffering is incalculable, but plenty of economists have tried to estimate the financial impact of traffic accidents. The World Bank puts annual losses worldwide due to traffic injuries at 1-2% of global GDP. In Asia, that figure might climb much higher, partly because three-quarters of those injured in the region are younger than 45, which means that Asia's most productive workers are being decimated. According to a recent Asian Development Bank (ADB) paper, the 11 country members of the Association of Southeast Asian Nations (ASEAN) saw a total loss of some $11 billion...
...arrive at the Bald Rock Bush Retreat expecting to check the prices and move on, but after cresting a hill on a dirt road for which my rented Ford Focus is woefully unequipped, I am instantly captivated by the stunning Spanish-style hacienda. Gorgeous flowering vines climb in manicured patterns up broad stucco walls, and peering into windows I see clean, open rooms painted in bright oranges, greens, blues and reds. I’m ahead of schedule so I opt to call it a day and settle into one of the dorm beds at the heart of the rugged...
...spotted! There's a rush of excitement and purpose as the four officers who make up a boarding party assemble on the aft deck and load up their kits: life jackets, 9-mm Glock semi-automatics, telescopic batons, capsicum spray, handcuffs, assorted tools, water supply, radio. The sailors climb aboard an outboard-powered tender which is lowered into the water. Coxswain Brad Walker thumps the boat into a slight swell on a 20-knot south-easterly, zooming toward the target under a blazing midday...
...cash investments are partying in response to the Fed's quarter-point interest-rate hike last month. The federal-funds rate now stands at 1.25%, but the really good news for yield-hungry investors is that the bump may be just the beginning of a slow and steady climb that could leave us at 2% by the end of the year and at 3.5% by the end of 2005. Yields on cash and investments people use as cash stand-ins--bank accounts, money markets, short-term Treasury bills and CDs, even ultrashort-bond funds--directly benefit. As rates rise...
Investors favoring CDs--such as income-seeking retirees--are also celebrating: the rate on a one-year CD now averages 1.52%. But Yeske warns about the beefier figures of longer-term CDs. Yes, the average three-year CD yields 2.83%, but with interest rates likely to continue to climb (the next rate hike is anticipated on Aug. 10), locking in might mean missing a better rate. In the short term, you're not as likely to get caught off guard. So if you plan to buy a car this fall, for example, it's not necessarily bad to hold...