Word: price
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...Australian-British Rio Tinto, which controls, among other mines, vast iron-ore deposits in Australia. The bid sparked a huge controversy in Australia, with the political opposition running TV ads skewering any proposed deal. In June Rio Tinto's shareholders backed out, arguing that the company's recovering stock price allowed them to consider other offers. In the end Australian-British mining giant BHP Billiton stepped into the breach. (Read "Another Deal Blown, Where Will China Invest...
...NATO military operations in Afghanistan. That decision was a victory for the Obama Administration: just four months ago, the Kyrgyz government had said that the U.S. military had to go. More broadly, Moscow's ability to project its power has been reduced by the fall in the price of oil since last summer; nearly 20 years after the end of communism and the introduction of market reforms, Russia's economy remains worryingly dependent on commodities...
...shirt, I love it--it's comfortable and wicks away sweat--and I'd wear one all the time if not for its $89 price tag, the cheapest in the line. It's given me a whole new appreciation for my wife's underwear, though lately I've started to obsess about my thighs. I'm thinking manny hose...
Ranking cities by the extent of price reductions gives Detroit the title of most discounted city. The average markdown in Motown is 21% off the original listing price. That figure doesn't include foreclosed properties - and would surely be higher if it did. The next largest average markdowns can be found in Las Vegas (16%), Miami (15%), New York (13%) and Phoenix...
...third-party aggregators and multiple-listing services on July 1. Some markets that were hit early and hard in the housing bust have been seeing a declining percentage of markdowns the past few months. In late April, for instance, 33% of houses in Los Angeles had been reduced in price. In early June, that figure inched down to 32%, and in the most recent analysis, it had dropped to 24%. The average markdown has become slightly less desperate as well - from 13% off the original price...