Word: hike
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...Harvard’s maids and janitors asked the University for a pay hike, saying that increased cost of living and higher taxes made it difficult to make ends meet...
...nature is the primary attraction beyond Yuzhno. Just a few hours' hike up the dirt road from town brings the adventurous to the Bolshevik Mountains visible from Gagarin Park. There, hip-high wildflowers in full bloom come close to overpowering visitors with their intoxicating scents, a welcome change from the dusty streets of Yuzhno. For those who would rather hunt wildlife than simply admire it, Sakhalin has large brown bear and Manchurian deer populations. Autumn is the main hunting season, and permits for firearms are available through Intourist. It also arranges a five-day fishing trip on the Chamga River...
DIED. EARL SHAFFER, 83, reclusive adventurer who in 1948 became the first person to hike the length of the Appalachian Trail in one trip; of liver cancer; in Lebanon, Pa. He made the then 2,058-mile voyage from Georgia to Maine in 124 days...
...engineering strength in the housing market and the household sector," says Loynes. The idea was to keep the consumer side of the economy going to make up for the sharp slide in the industrial sector. So far, it has worked. Last week, the Bank began signaling that a rate hike is on the way, but the evidence of an economic rebound remains ambiguous enough that even the relatively bearish Loynes doesn't expect anything drastic. With rates so low, however, small changes could have a big impact on homeowners' monthly bills, while continued low inflation means the real amount...
...reverse. There are tens of thousands of high-street financial advisers to push people into second mortgages when rates are low. Who will profit from telling borrowers, if and when the economy slackens, that it's time to scale back? The opposite danger is that even a tiny rate hike by the Bank of England could be read by the market as a sign of more to come, sending property prices down much too fast. "The U.K. housing market is driven by a lot of animal desires," says Loynes. "Fear of missing out. Greed." Sounds a lot like the stock...