Word: float
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Dates: during 2000-2009
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...around Santa Teresa between 1993 and 1997. The narrative, based on the actual unsolved murders in Juárez known as the feminicidos that continue to this day, mirrors the structure of “The Savage Detectives” in their ephemeral disinterest. Detectives, bodyguards, politicians, and prophets float to the surface and sink back again into an ocean of brutality, where a phantom mental patient desecrates churches and young girls are swallowed whole by unmarked cars in the Mexican night. With its medically precise descriptions of the symptoms and scenery of murder, the Part About the Crimes...
Then there is the creaky contraption that is the global monetary system. Since the early 1970s, the world's major currencies have generally been allowed to float freely against one other, but lots of emerging-market countries link their currencies to the dollar. They began doing this to secure a bit of stability in turbulent currency markets...
...onset of the crisis kept the RMB's value tightly pegged at about 6.8 to $1. Economists differ on how greatly undervalued the RMB is. The International Monetary Fund and World Bank contend that it's about 15%-25% below where it would be if it were allowed to float freely. Virtually all agree that it needs to move higher, both for China's sake and the sake of its trading partners. An undervalued currency reduces real household income in China by raising the cost of imports while subsidizing Chinese producers who sell their products overseas. As the dollar...
Cruisin’ down the freeway, windows down. Wind in your hair. Signs flashing. Sun setting. And the first few notes of that song—the one you’ve been waiting for—suddenly float from the radio...
...Walters, a truck driver from Long Beach, Calif., attached 42 helium-filled weather balloons to an aluminum lawn chair, and with a bottle of soda, a CB radio and a BB gun, lifted off in the makeshift craft, dubbed Inspiration I. Airline pilots were stunned to see Walters float outside their windows, as the chair made it as high as 16,000 ft. (4,800 m) before Walters shot out some of the balloons. His descent was anything but graceful as the balloons struck power lines on the way down, blacking out a stretch of Long Beach homes. Still, Walters...