Word: inflationitis
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Five years later, Argentina's rapid recovery still has analysts doing double takes. Since President Néstor Kirchner was elected in 2003, annual growth has averaged 9%, the best in Latin America. Argentina has parlayed a cheaper but stable peso into record export earnings. "Argentina," crows Central Bank president Mart?...
Fang was bemused by such talk. A Stanford man who joined the board for the first time this year, he said there is no reason to think that China's economy will soon boil over simply because it's growing at about 8% to 9% a year. Japan, he pointed...
Vasella knows, though, that he can't insulate Novartis from the rising public rebellion against drug prices. According to the advocacy group Families USA, prices of such branded drugs as Novartis' Miacalcin and AstraZeneca's Prilosec have grown at twice the rate of inflation, even as government controls have kept...
Scientists across the nation are already facing fiscal pressures because total grant funding from the National Institutes of Health has not kept pace with inflation.
In April 1980, oil prices went stratospheric, peaking at about $100 a barrel, adjusted for inflation. Some of the causes might sound familiar. Constantly rising demand. Political crises in Iran and Iraq. Uncertainty about the extent of future reserves. And, of course, the edgy enthusiasm of commodities buyers, whose fears...