Word: impaction
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...real impact of the Rocky Mountain Democrats on their party may be more spiritual than electoral. Their informality and egalitarianism, their lack of bile, their can-do optimism stand in refreshing contrast to politics as it is practiced in our nation's capital. One night last autumn, Schweitzer took me to Jake's Restaurant in Billings, one of the better steak houses in his state. "Oh, hi, Governor," the hostess beamed. Schweitzer asked her if she had a table available. She frowned over her reservation list. "Sorry, Governor, we're full up," she said. "You want...
...real impact of the Rocky Mountain Democrats on their party may be more spiritual than electoral. Their informality and egalitarianism, their lack of bile, their can-do optimism stand in refreshing contrast to politics as it is practiced in our nation's capital. One night last autumn, Schweitzer took me to Jake's Restaurant in Billings, one of the better steak houses in his state. "Oh, hi, Governor," the hostess beamed. Schweitzer asked her if she had a table available. She frowned over her reservation list. "Sorry, Governor, we're full up," she said. "You want...
...hedge fund, or a loss of enthusiasm for the popular but perilous yen carry trade, whereby speculators borrow money cheaply in Japan's currency and then use it to bet on higher-return assets around the world. If that rich source of global liquidity were to dry up, the impact would be far greater than today's sanguine investors realize...
...Another surprise from the poll results: while more than one out of three executives listed the impact of the global economy on their businesses as the single toughest challenge they face, they were relatively unconcerned about geopolitical risks-despite increasing turmoil in the Middle East and the appearance of mounting threats such as a nuclear-armed North Korea. Those polled were more focused on knotty management problems over which they had some control. The executives cited the ability to maintain a common corporate culture as their greatest challenge, followed by understanding local customs and ways of doing business. "Suddenly, companies...
...Protectionist sentiment is not rampant in Europe. Europe's economy remains the most open in the world to trade and investment. There have been a number of high-profile cases related to national protection in sectors like energy, but that is a particular issue. There is anxiety about the impact of low-cost imports of products like shoes and textiles from countries like China, but Europe has also benefited from these low-cost consumer goods. That is why we have to make the case for openness and to help individuals and communities adjust to inevitable change...