Word: resulted
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...always think that it is not so important when the theater opens because the reconstruction is very difficult and complex," says Vedernikov. "Instead, in this situation, the quality of what is going to be done is far more important ... I have nothing to expect but a disastrous result." (See pictures of President Obama in Russia...
...plus side, there was some improvement in commodity prices in May - but it was more than offset by an appreciating currency and lower export volumes, which crushed trade receipts. As a result, second-quarter GDP is expected to contract 3.1% on an annualized basis, according to the Toronto-based investment dealer CIBC World Markets. "I wouldn't be surprised if June was as bad as May," says CIBC economist Krishen Rangasamy, referring to Canada's trade deficit. He expects the country's balance of trade to begin improving in the fourth quarter, with annualized GDP growth...
Economist David Rosenberg, of investment firm Gluskin Sheff & Associates in Toronto, says Canada's trade deficit is the result of an overvalued loonie bumping up against a lingering downturn in U.S. consumer spending. "The Canadian dollar's overvaluation is a major impediment to the manufacturing sector," says Rosenberg, former chief economist at Merrill Lynch in New York City, noting that the loonie has overshot its real value by about...
...result was his memoir Angela's Ashes, which appeared in 1996, when McCourt was 66. The book told the story of his early years in a voice purged of anger and bitterness and self-pity. In an extraordinary act of forgiveness, he wrote about his father with humor and even compassion. Angela's Ashes was published quietly, as the personal memoir of an Irish childhood. "My dream was to have a Library of Congress catalog number, that's all," McCourt said. But it became first a critical sensation, then a runaway best seller. In 1997 McCourt won the National Book...
...them at all like this," Barry Sherr, an Oregon State University professor of oceanography, said in an e-mail. "The fact that the locals say they've never seen anything like it suggests that it might represent some exotic species which has drifted into the region, perhaps as a result of global change. For the moment, that's just a guess...