Word: nears
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...might persist in the face of growth, was an expression of an economy that had snapped. Europe's economy was hit not only by shocks like an oil-price spike, a productivity collapse and rocketing tax rates but also by stubborn unions that made hiring, firing and adjusting payrolls near impossible...
...limits on speculation in oil-futures markets, in which investors bet on which way oil prices will go. Oil officials blame speculators for volatile prices, and some financial analysts agree. "It is market psychology which is propping up prices," Morse says. If investors believe that the recession is near an end and that demand will soar, they could pour money into oil futures and drive up world prices. The Commodity Futures Trading Commission in Washington is weighing new rules that would limit how much money a hedge fund or investor can trade in oil (or any other commodity...
...he’s ever given. The jury is still out on whether his leave-it-to-Congress strategy was the smart way to go about reforming America’s dysfunctional health-care system, but there is little question that in his speech he assumed leadership over the nearly century-long effort to provide health insurance to every American man, woman, and child. Sometime in the very near future, Obama will be able to lay claim to fixing health care...
...Hubley have always exuded a parental quality. This has been more or less intuitive to me, as they met around the same time my parents did. For over a quarter of a century, their influence has tenderly guided listeners through the rough thickets of musical history, introducing them to near-forgotten artists like the Flamin’ Groovies and the Only Ones. They tell jokes, they like holidays, they’ve even got a funny, pudgy friend who won’t stop coming over (James McNew, faithful bassist of 17 years). Entering the swells of middle age, Hoboken...
...some kind of health-care bill by the end of the year, they are watching carefully to see if there are more signs that they have arrested what they acknowledge has been a slide in public support. What concerns them, they say, is not what happened in August - the near riots at congressional town halls or the lies about "death panels." Instead, it is a quieter and growing public unease that they began seeing in their own polls and in public ones starting early in the summer. (Read "Halperin's Take: What Obama Achieved - and What He Didn...