Word: rawing
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...reason: demand is recovering, slightly, for some raw materials. In the case of oil, supplies have been reduced by OPEC cutbacks. And commodities traders are bidding up market prices in general on expectations that supply shortages will return with just a modest improvement in demand. That's because miners, farmers and oil drillers, hit by the credit crunch, can't finance investments that would increase their production capacity. Many won't invest today even if they have access to financing because depressed prices make projects uneconomic. The amount of investment in the oil sector, for example, will likely...
...wasn't quite the Preakness, with pundits left baffled by a filly winning for the first time in almost a century, but the box-office race was closer than expected. The raw estimates for the weekend: Angels & Demons $48 million, Star Trek $43 million. In movie-industry terms, nearly a photo finish...
...will be two months before Planck and Herschel reach their final destination, a gravitational "sweet spot" known as the Lagrange Point 2, where they can stay fixed in the same location relative to the earth and sun. Once there, they will need trillions of samples and bits of raw data before they can start generating their sky maps. But even if they deliver a fraction of the results that the eggheads on Earth are promising, the pictures should still be out of this world...
...Artvark Cutlery (48 Main Road, tel: (27-21) 788 5584) combines the rough with the smooth, selling artistic security gates, wall art, ornaments and other pieces made from steel. Some come painted, others galvanized, rusted or left raw. Creations from this shop are very popular and can be found around the world...
...Well it was a tough year for us. When we first took office we were faced with high prices of raw materials and oil, followed by the financial tsunami and economic downturn. We took measures to rescue the banking industry. We also reduced the inheritance tax from 50% to 10%. That has had an affect on Taiwanese capital outside of Taiwan. In recent months, that capital has been coming back. We also distributed shopping vouchers to our citizens. That was a very successful program. We also will inject about $20 billion for public construction. (Read TIME's interview with...