Word: dipping
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Such sharp increases over a short period are unlikely to be repeated, say analysts. Their consensus is for a nasty short-to-medium-term correction and maybe even a dip in prices, followed by a slow, steady return to growth. A Merrill Lynch report released last year suggested that if the most recent English Premier League contract - which involved a number of broadcasters including BSkyB and ITV and was valued at $2.35 billion over three seasons - were to be renegotiated, it would be worth only about 60% of current levels. Figures from across the sports world joined in the chorus...
...years, as consumers have become more sophisticated, 100% agave varieties have been growing in popularity, with sales rising 12 times as fast as those of cheaper mixes. Even during the past year, when a shortage of agave plants led to price hikes and the recession contributed to a sharp dip in tequila sales, pure-agave brands grew as a proportion of exports. Enthusiasts are flocking to tequila meccas such as Citrus Bar & Grill in Manhattan, Adobe Grill in Chicago, El Carmen in Los Angeles and the Blue Mesa Grill in Dallas...
...protect its lead, DoCoMo has been forced to spend more in sales commissions and handset subsidies, narrowing profit margins. Compounding the com-pany's problems is a disturbing dip in the all-important average revenue per user, called the ARPU in industry lingo. Thanks in part to i-mode, Japan's cell-phone users spend more on wireless services than their counterparts elsewhere in the world?about $63 per month compared with $53 in the U.S., for example. But recession-weary Japanese are cutting back on spending by going without or substituting cheaper wireless e-mail for expensive voice calls...
...Beijing's vastly improved international ties as a key part of his personal legacy. An 11th-hour flare-up with Washington wouldn't help that effort and could risk backfiring. Says Wu Guoguang, a political-science professor at the Chinese University of Hong Kong: "Every time Sino-American relations dip, Jiang ends up looking dumb." So who's stirring the pot? It may be China's hard-liners, particularly in the military and security apparatus, who are more skeptical than Jiang of improved ties with the U.S. Leaking the bugging story on the eve of Bush's visit might have...
...exactly how does a Democrat attack the budget of a Republican president whose approval numbers on a bad day dip to 80%, one who wraps himself in the flag and surrounds himself at speaking gigs like the State of the Union address with 9/11 widows, firefighters and Special Forces commandos? The upcoming midterm elections add another complication: Democrats are within six seats of taking back the House of Representatives in November, but in the two dozen hotly contested congressional races that'll determine whether they succeed, the swing voters are suburban or rural conservatives who at the moment would carve...