Word: rising
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Dates: during 1990-1999
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...Akbar Hashemi Rafsanjani praised Iranians who had rallied behind the leadership during the street protests, but noted that the episode and had damaged Iran and called for stability. "[Instability] can be very damaging economically," he warned. "Foreign and domestic investment could decrease and Iran?s risk factor could rise." The very fact of a doyen of Iran?s Islamic revolution expressing concern over the country?s AAA rating signals a profound shift ? even the conservatives need Iran to make peace with the Arab world and the West. Iran?s oil revenues financed the Islamic revolution, and the long-term decline...
...eight, whose after-school hours, weekends and summer vacations are occupied by clinics, practices, tournaments and fight-to-the-death competition. The old childhood ideal of goofing off--what the grimmer parenting books term "nonstructured play"--isn't an option. As the kids get older, the more talented rise to ever more selective teams, perhaps representing an entire county, while their less gifted (or less committed) teammates drop away. Family holidays, including Christmas and Thanksgiving, dissolve into long treks to tournaments...
White's 100th birthday comes this July 11, and to mark the occasion I recently made my long-postponed visit. White wasn't around to enjoy it, of course, having died in October 1985. But the farmhouse is still there, resting on a rise above Blue Hill Bay, and the barn is still attached to it, Maine fashion, and down at the water's edge is the little boathouse where White wrote his children's stories Charlotte's Web and Stuart Little, along with the many essays that have entered the canon of American literature: "Once More to the Lake...
What goes down must go up. That seemingly inexorable law of economics is now pulling many Asian countries out of the slump that only two years ago threatened to disrupt the entire global economy. Throughout the region stock markets are on the rebound and currencies are on the rise, leading to renewed confidence that the worst is over and business will pick up further. But it may be too early to declare victory. "What is really happening," says TIME business senior editor Bill Saporito, "is that the Asian economies are coming off the bottom. Even when you do nothing...
...news for the miners is that the price of gold is unlikely to rise again anytime soon. "Gold was traditionally considered a hedge against inflation," says TIME senior business writer Bernard Baumohl. "Now there?s no reason to hold on to it because there?s no threat of inflation in the foreseeable future. It?s not an attractive investment because it offers no return, and the supply has grown despite falling demand, driving the price even lower." The best hope for the miners is an unforeseen catastrophe. "Right now it would take a major shock in the global economy...