Word: rate
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Dates: during 2000-2009
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...fueled Bolivarian revolution (named for 19th century South American independence hero Simón Bolívar) discriminates against the middle class. When he recently applied for a mortgage to buy a new house in a safer neighborhood, he says he was offered an exorbitant interest rate, set largely by the government, because of his economic status. "I came out with the impression that they give priority to the lower strata," he says. It's admirable to boost the poor, who before Chávez were largely ignored by Venezuela's élite. But Flerida Rengifo, a demographics analyst...
...latest housing data has also been positive: sales of existing homes shot up 9.2% in September to a seasonally adjusted rate of 5.57 million units - the highest level since July 2007, according to NAR. At the same time, inventory levels declined 15% from the same month a year earlier...
...Among hospitalized patients in the study, 118 died - an overall 11% fatality rate. Although the rate of hospitalization was highest among infants under 2 months old, the rate of death was highest in patients over age 50; H1N1 was least likely to turn fatal in patients under age 17. Yet with all the focus in the media on the vulnerability of younger patients to infection, the elderly may have been somewhat dangerously overlooked, says Louie. Although older patients may not be at high risk of getting infected in the first place (thanks to their residual immunity to the virus from...
...funny thing happened on the way to rebalancing: the worst economic crisis since the Great Depression. The Chinese response to sharp declines in manufacturing and exports has been cheered for its effectiveness. Government stimulus spending and loose credit powered the country's economy to an 8.9% growth rate in the third quarter, and the most recent Purchasing Manager's Index (PMI), a widely watched gauge of economic sentiment released on Oct. 30, rose for the eighth straight month. It now shows "sustained expansion in industrial activity," says Jing Ulrich, managing director at JPMorgan in Hong Kong. At the same time...
...obvious example, which will be front and center when U.S. President Barack Obama makes his first visit to China on Nov. 15, is the exchange rate of Beijing's currency, the renminbi (RMB). After allowing it to rise against the dollar by about 15% earlier this decade, China has since the onset of the crisis kept the RMB's value tightly pegged at about 6.8 to $1. Economists differ on how greatly undervalued the RMB is. The International Monetary Fund and World Bank contend that it's about 15%-25% below where it would be if it were allowed...