Word: drives
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Dates: during 2000-2009
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...encapsulates the lithe popular art of all those Les and Mary singles - the density and clarity, the distinctiveness of his guitar voice and her intimate vocal instrument, the heart and the fun. It's a number that expresses the choral lilt of early-'50s pop and the electric drive of mid-'50s rock, as if "Mr. Sandman" had married "Peggy...
...fact, when I first arrived in Kampala, a Ugandan friend gave me a tutorial on living here. The number one warning: beware the “boda boda.” She recounted harrowing tales of drive-by purse snatchings, gory hit-and-runs, and lecherous propositions. For many in the city, the term “boda boda” man suggests an attitude as much as a profession...
What, you have a brilliant plan to just buy and hold oil? Don't count on it. The bigger players know what you're thinking, and they'll drive the price temporarily down so you are forced to sell at a lower price - or risk losing more than you can afford. As the price falls, and all of the other "smart" traders around you are forced to unwind their long positions and sell oil, the price will fall even faster against you. Why would the big boys do this to you? Well, any money lost by one trader must...
...Trading Places A few years ago, that question - and the notion that China could drive global growth - would have seemed absurd. After all, China's economy was dependent on manufacturing, which was in turn dependent on demand from the U.S., the world's undisputed economic locomotive. But that engine remains sidetracked. The IMF predicts the U.S. economy will contract 2.6% this year. American home prices continue to fall in some cities, while the unemployment rate has soared to 9.5%, the highest since 1983. The U.S.'s much ballyhooed stimulus plan has so far yielded little measurable benefit, save putting some...
Would this intervention be flawlessly executed? Of course not. But if ham-handed pay rules drive risky, highly rewarded activities out of big banks and into smaller firms - if big banks become boring again - that might not be all bad, since smaller firms presumably pose less risk to the financial system...