Word: priced
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...When an estate sale was held following Johnny Cash's death, it grossed $4 million. "If those pieces appeared now at auction, I think it would be difficult to sell them for exactly the same price," says Roberts. "The whole euphoria of an estate sale [often makes] people get carried away...
...power. It's also pushing investment in wind, solar and other renewables, along with a smarter grid to exploit them. At the same time, Obama wants massive increases in federal energy research and development, plus a cap-and-trade regime that would accelerate private-sector advances by putting a price on carbon. The overall goal is to reduce emissions as well as U.S. dependence on foreign petro-thugs and a pesky vulnerability to volatile gas prices. To Republican critics, it's a radical scheme to destroy jobs and raid wallets, cooked up by élitists like Chu, who was once...
...easy to see how Chu ended up as a workaholic. At times, he hinted at an emotional price, mentioning offhandedly that a son from a previous marriage quit school and was "trying to find himself." But Chu found his niche in the lab, building state-of-the-art lasers from spare parts to tinker with quarks and "high-Z hydrogen-like ions," preferring the rigor of experiments that either worked or didn't to abstract theoretical physics. At Bell Labs, he spent phone-monopoly money playing with electron spectrometers, gamma rays, polymers and other gee-whiz stuff...
...projects "a 10 to 15% pullback in equities led by drought-led growth cuts." Every major drought in India has a pervasive impact on the economy, which is unlikely to meet the government's projected 7% GDP growth this year. (Analysts expect 6% or less.) With crops failing, food prices will go up everywhere, pushing up inflation. Mohammed Nadim, a vendor in Hoshiarpur, says the wholesale price of his cartful of sweet corn, red cabbage and peppers has tripled over the last few months. Electricity production also will be lower in areas that rely on hydropower, reducing industrial productivity...
...speech to the nation on Aug. 15, Prime Minister Manmohan Singh promised to postpone the date for repayment of farmers' bank loans and to give breaks on interest payments for short term crop loans. This comes on top of last year's $14 billion farm loan waiver program, price supports for agricultural products and an ambitious jobs scheme, which guarantees 100 days of work to the poor in rural areas. "There's only so much that any government can do," says Indranil Sengupta, an economist at Bank of America/Merrill Lynch. "When you look at the scale of human suffering, whatever...