Word: indexers
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...other commodities for the past several years. But what's really worrying many economists is the sudden appearance of relatively high inflation within China and the ripples that might cause abroad. Despite five interest-rate increases this year by China's central bank, the country's consumer price index has been stubbornly on the rise. In August, inflation climbed to a 6.5% annual rate, the fastest clip in more than 10 years...
...government and some economists blamed the jump almost entirely on sharply higher prices for meat and poultry, which surged 49% since mid-2006. Beijing maintains that the rise in food costs, which make up more than one-third of China's consumer price index, was largely the result of more expensive livestock feed and a one-off event: an outbreak of a porcine disease that killed 70,000 pigs and prompted the mid-September release of 30,000 tons of pork (about a quarter of the amount of pork China consumes in a day) from a national reserve to help...
...better part of 60 years to absorb. The country is still plagued by double-digit unemployment (2 million Poles now work abroad), crumbling roads and endemic corruption. Poland scored low in the ranks of European Union countries - and tied with Cuba and Tunisia - in the latest global "corruption-perception index" compiled by the watchdog Transparency International. Public trust in Poland is also among the lowest in Europe, according to a recent Danish study...
...perform their own cheer for XFL cameras in an attempt to add two opening-game tickets to the seven season tickets they have already purchased. They signal hands-over-crotch for the X, stick up middle fingers for the F and give the international "loser" signal, thumb and index finger smacked onto forehead...
...Many Asian countries could go Nigeria's way so far as oil is concerned. Cambodia, which is still recovering from the Khmer Rouge era, ranks near the bottom of Transparency International's Corruption Perceptions Index, and does not possess the institutions to monitor how the government uses its new oil riches. East Timor's economy will have almost no other foundations - studies estimate over 90% of government revenues eventually will come from oil. Before its latest brutal crackdown on peaceful protestors, Burma's military regime already demonstrated such little concern for its people that it reportedly spent among the lowest...