Word: fall
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Dates: during 2000-2009
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...that a middle class is necessary for the establishment of basic democratic rights, such as the vote. But the events of the past two decades have laid to rest any notion that the enrichment of a country provides an automatic impulse toward greater liberty. Remember the talk, after the fall of the Berlin Wall, about democracy arriving hand in hand with free markets? As people became economically secure, they would demand better governance, greater freedoms. But that hasn't been the case in Russia, China or Central Asia. People in those places have found a way to disengage from politics...
Right now the interest rate on a 10-year Treasury bond is about 3.5%. That could go lower - in fact, it did go lower at the height of the panic last fall, to just above 2%. But the likeliest future path for Treasury yields, Atteberry figures - on the basis of history and the fact that rates have been kept low this year by Federal Reserve purchases, investor demand and other factors - is up. If you own a 10-year Treasury bond yielding 3.5%, interest rates rising to 4% or 5% or higher mean your bond (with its rate stuck...
...foresaw this dilemma a decade ago, when coffee prices, which had been falling since the end of the Cold War, dropped to as low as 45¢ per lb. Fair Trade was the small farmer's savior during that crisis, paying twice the going rate. Starbucks joined the cause and this year has pledged to double the amount of Fair Trade coffee it buys, to 40 million lb., 40% of the Fair Trade beans the U.S. imports. The company declined to comment on whether Fair Trade's benefits fall short of its vision or how much it would need to raise...
Heading into the back half of the fall season, Harvard remains confident about its standing among the stiff competition in the rest of the Ivy league...
With New Haven serving as the battlefield for The Game this fall, the Harvard Alumni Association has decided to come up with a different way to draw alumni back to the Yard...