Word: returning
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Dates: during 2000-2009
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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...
...types of commodities will react differently as the global economy improves, based on their own specific supply-and-demand conditions. This makes timing a turnaround complicated. Rogers says he expects commodities prices to be among the first to rise, out of all asset classes, when economic growth begins to return. Other experts argue against a rapid rebound, because inventories are high for commodities such as oil, and because demand for natural resources has been so thoroughly squelched in some industries that it may not fully recover any time soon. Francisco Blanch, head of commodities research for Merrill Lynch in London...
...their impoverished state, the women have more in common with their Khmer neighbors than the linen-suited colonial élite. As her sea wall is breached and her rice crop withers, Duras' mother asks the colony's resident superior in a letter, "What did you give me in return for 20 years of my life [in Cambodia]? Nothing except wind, water...
...influenza viruses are notoriously unpredictable. Right now the new disease seems to be no more dangerous than the seasonal flu (researchers who have examined the genetic code of the H1N1 virus say it appears to lack key mutations that made past pandemic-causing viruses so deadly), but H1N1 could return next winter in a more lethal form--just as the virus that caused the catastrophic 1918 pandemic did. "This is a situation that can evolve," said Dr. Keiji Fukuda, the WHO's interim assistant director-general for health, security and the environment. "If it does turn severe, this is something...
...Pope's announcement, a Swedish-TV interview surfaced in which SSPX bishop Richard Williamson matter-of-factly denied the existence of the Nazi gas chambers. The ensuing international outcry forced the Vatican to release a generalized condemnation of Holocaust denial--though it didn't rule out Williamson's return as a Roman Catholic bishop...