Word: fallen
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...trips. That has meant a huge slump in Americans' gas use. Even before the market meltdown, Americans consumed 800,000 barrels of oil a day less during the first half of this year than the same period last year. As demand fell, so did prices, and as prices have fallen, investors have begun pulling money out of the oil market, fearing a collapse, says Leila Benali, an expert on Middle East oil for the Cambridge Energy Research Associates in Paris, adding: "People are getting nervous about demand next year. There is talk of a global recession...
Harvard officially targets 5-percent but has fallen short of the mark in all but one of the past 10 years. Its $1.6 billion payout rate this year—while the largest in University history—still did not break the five-percent threshold...
...these clips do nothing to advance the story. Despite its flaws, “Slacker Uprising” does include a handful of poignant moments. The personal testimonials from the families of Iraq War victims are particularly powerful, especially one in which a mother honors her fallen son. Scenes like these bring much-needed gravity and direction to the film when it veers too far off course. Yet these segments are nearly lost in the deluge of meaningless celebrity speeches which only reiterate Moore’s immense “bravery.” Fortunately, the film picks...
...Remember markets are global," an anxious Treasury official reminded journalists leaving the building after a briefing as word filtered through that the formal announcement of the rescue package had failed to immediately restore optimism in the market. At market close, London's FTSE-100 index had fallen by 5.18%, even though the bailout plan was swiftly followed by coordinated rate cuts in the U.S., Britain and elsewhere. France's CAC 40 closed 6.3% lower on the day, and Germany's DAX lost 5.9%. Certainly, at least some of the downwards momentum was generated the day before by sinking New York...
...prime economic engines for the past five years, growth is slowing fast. Look only at the price of steel - as useful an industrial proxy for China's economic boom as any. According to Mysteel, a Shanghai-based consulting firm, the price for products used primarily in construction have fallen to less than $590 per ton, down almost 20% in just four months, forcing some companies into the red in what had been a booming industry. Baosteel, one of China's largest steelmakers, has cut prices twice since August, and its CEO is glum: The era of rapid growth for China...