Word: rising
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Dates: during 1980-1989
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...business prospects. Do lacked a credit history, had no money and spoke no English. Today, however, the 31-year-old refugee publishes a Vietnamese-language newspaper, tools around town in a silver Jaguar and has started plans to build a shopping center. The reasons for his rapid rise: long hours of work, plenty of thrift and $4,800 in start-up capital from an unconventional source. Like thousands of other immigrants, the budding entrepreneur tapped an ethnic loan club for his seed money...
Another washtub houses a series of red, yellow and blue kitchen sponges which float at random in the water. When a child opens the flood gates, the water level begins to rise. The gate-master must determine which way the water is running and how to stop the tub from getting full...
...dollar has climbed 5.9% against Japan's currency, to 133 yen at the end of June, and 3.7% vs. West Germany's, to 1.81 marks. That still leaves it 48% below its peak 3 1/2 years ago. So far, the U.S. has made no significant effort to halt the rise. But while the slightly stronger dollar has some benefits, like reducing inflation, a prolonged upward trend could eventually reverse America's trade progress and drag down economic growth. Declares Daniel Laufenberg, senior economist for IDS, a financial-services firm: "A stronger dollar endangers American competitiveness and jobs. In the long...
...risen from $4.70 per bu. to more than $10, and traders are talking about "beans in the teens" by year's end, which would break the record high of $12.90 reached during a shortage in 1973. As a result, the Department of Agriculture now estimates that food prices will rise between 3% and 5% this year, but those estimates may prove optimistic. John McMillin, an analyst for the investment firm Prudential-Bache, foresees a possible double-digit increase in food prices during...
Higher prices mean the dollar amount of agricultural exports could rise this year even as the actual volume may fall. Producers in Europe, South America and Australia will step in to meet the demand that U.S. growers fail to serve. Once those competitors gain market share, American farmers will have to struggle to reclaim it. That is just one more reason they are praying for rain and cheering every drop...