Word: float
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...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...
...evoke antiques recently discovered in a dusty attic. With their appearance of maturity, they recall a time before image-altering software could modify the color, shadow, and even content of a photograph, creating a sense of legitimacy despite the bizarre elements of Palma’s pieces; thus, the floating hands and impossible physics of these photos seem well-integrated into the images.Palma’s use of illusion has an eerie, shocking effect. In “Coagulated love,” a young woman appears contemplative as she stands with her head down, back to the viewer...
...After the working groups submit their recommendations in October, the Academic Planning Group—composed of FAS’ highest-level deans—will discuss potential budget cuts in November and December. They also plan to float ideas to the FAS community before finalizing the budget in spring...