Word: pendulum
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Dates: during 2000-2009
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...also facing renewed Kremlin control of oil-and-gas production. After a period of privatization and deregulation in the 1990s, the pendulum has swung the other way. That doesn't mean the central government wants to nationalize all energy assets, but it has put an end to generous tax breaks and has introduced other limitations on the private sector, particularly foreign companies. Under the terms of the Conoco deal, for example, the American company can raise its stake in Lukoil - but only to a ceiling of 20%, less than the 25% it needs to be able to block strategic company...
...also facing renewed Kremlin oversight of oil and gas production. After a period of privatization and deregulation in the 1990s, oil-industry specialists say, the pendulum has swung the other way. That doesn't mean the central government wants to nationalize all energy assets, but it has put an end to generous tax breaks and has introduced other limitations on the private sector, particularly foreign companies. Under the terms of the Conoco deal, for example, the American company can raise its stake in Lukoil--but only to a ceiling of 20%. That's less than the 25% it needs...
...drop tariffs it had introduced in 2002, though that market effect has yet to emerge. Dropping prices could make it harder for Mittal to service its estimated debt of $3.2 billion. At the moment, China is devouring raw material, which may cause a nasty glut when the steel pendulum starts to swing back the other way. And, notes Standard & Poor's Trask, "the new steelmaking capacity in China will eventually catch up with the growth in that region." China's steel output reached 192 million tons through September of this year, up more than 20% from 2003. In the long...
Many critics believed that the waves of general education reform did not point towards anything progressive, and that the national flurry of reforms marked a swing of the pendulum back to the way curricula were before 1960s campus activists forced many university administrations to abolish or loosen course requirements...
...cinnamon chip, that contains about a third of the carbs of regular loaves. The new offerings represent about 5% of sales, and many of these, he says, are to fresh customers as opposed to recipe switchers. But the reformulated loaves with the subtly spongier texture may not swing the pendulum back anytime soon. "I wouldn't eat enough to justify getting a whole loaf," said low-carb dieter Sue Hagedorn, who was buying her son an oversize cookie at a full-carb bakery down the street from Great Harvest. Upscale-sandwich chain Panera Bread, which is based in Richmond Heights...