Word: offsetting
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Under the President’s plan, my PRA investments will have to beat a 3 percent annual real return for me to end up better off. This “offset rate” is designed to be the level of returns on government bonds, so that if I invest only in government bonds, I will end up no worse off. However, by choosing stocks, I accept higher risk for the possibility of higher returns. If stocks match their average historical return, I will end up with a fat bonus of 3.5 percent per year, compounded over 30-plus...
...something big has changed: after more than a year of rising raw-materials costs, companies are at long last managing to pass part of those costs along to consumers. American Airlines, among other flyers, has raised ticket prices even as it has squeezed in more seats to offset higher fuel costs. Bill Zollars, CEO of YellowRoadway, says the trucker is enjoying "the most robust pricing in my eight years" at the firm. Companies less sensitive to oil are raising prices too. Allied Waste just won a bid to dispose of Boston's trash for $82 a ton, up 6.5% from...
...dreams will inevitably come at a cost. Hydropower, once touted as cheap, clean energy, has fallen out of favor in recent years. In 2000, a report by the World Commission on Dams found that in developing countries the damage to communities and environment from building dams was rarely offset by the economic and developmental gains, which often failed to meet expectations. Assuming the World Bank approves funding for the project, Nam Theun 2 will be the first major new dam project the bank has supported in a decade. Opposition to the project has been fierce from international environmental NGOs, which...
...change did not offset the team’s successful momentum, however, as Harvard continued to dominate, only surrendering one goal. And thanks to freshmen Lauren Snyder and Nina Kouyoumdjian, the Crimson finished the quarter with an ever-growing nine point lead...
...Summers told students at the Mather study break that the increase in Harvard’s investment on NYSE was offset by a corresponding decrease in the University’s holdings in the company on the Chinese markets...