Word: pinching
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...learn about camels. The Kingdom, a Middle Eastern country easily confused with Saudi Arabia, has a problem: too much money and not enough closet space. What should it do with the endless trunkloads of dollars it exchanges for limitless barrels of oil? After all, the Kingdom feels the pinch of inflation too: every time it raises the price of crude, its dollars depreciate. Everyone is caught in a viscous circle-until the entrance of David Harrison, American freelance financial adviser, connoisseur of paintings, wine, well-bound books and unfettered women. Petrodollars, he reasons coldly, can rig almost anything, including...
...money is the plasma of U.S. business. It provides the energy to build factories, finance inventories and meet payrolls. But across the nation, businesses large and small have watched their borrowing costs zoom as the Federal Reserve slowly tightens credit in an attempt to restrain inflation. While this credit pinch affects every business, it is especially serious for small business. And what is serious for small business is serious for the economy as a whole...
...After that, I only got to pinch hit, and I've never been a good pinch hitter," Stewart says. "Ever since then, I've been solely a pitcher." Lucky for Harvard...
Several players chipped in with key hits, but once again Brad Bauer's bat knocked home the gamewinner. The freshman shortstop, who leads the team with 15 RBIs, lashed a Chris Cascia fastball into left-centerfield with one out in the bottom of the eighth inning to score pinch-runner Paul Scheper and break...
Back to the Brits. The Queen having recovered nicely from the recent unpleasantness, another Arab-directed group now plans to pinch a property of inestimably greater material value to the scepter'd isle. In The Samson Strike by Tony Williamson (Atheneum; 250 pages; $9.95), the Popular Front for the Liberation of Palestine sets out to capture a vast oil platform in the North Sea that can pump 400,000 bbl. a day from its undersea wells. Unless the terrorists win the release of all political prisoners in Europeplus ?57 millionthey will waste the $400 million...