Word: rising
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Dates: during 2000-2009
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That's right - $100 for a stinkin' mat. A company called Manduka, which makes these luxury yoga props, has seen its sales rise 55% in the first four months of 2009. Sales at Amazon.com during this period are up a stunning 87%, and the company just signed a deal with Dick's Sporting Goods, a major retailer with 389 stores across the country. Manduka offers the Black Mat PRO, a thick, cushiony black mat, for between $74 and $130, depending on its length, and the biodegradable eKO for between $42 and $70. "Manduka is the Porsche, the Ferrari of yoga...
...prices could still block a recovery. Just a month ago, no one believed that gas could possibly hit $3. A heavy summer driving season and forecasts of a cold winter in the northern hemisphere would transform the psychology of crude trading and make the majority opinion that oil will rise throughout the year, whereas in the early spring nearly everyone was convinced that it would fall...
...when oil prices started to rise in 2003, Saudi Arabia was ready. For one thing, the Saudi Arabian Monetary Agency, the country's central bank, had greatly expanded the number of well-trained national staffers. Second, it had at its helm officials who remembered the bad days of low oil revenues. That meant that when the oil gushers were turned up again, money was saved and not aggressively spent as elsewhere in the region. The nation's wealth was also placed in very liquid investments, predominantly U.S. government paper assets, rather than real estate. While other regional investment funds were...
Celebrities, gay-marriage bans and fear of divorce are helping fuel the rise in unwedded bliss. "We love each other far, far too much to ever actually get married," says Raymond McCauley, 43, a biotech engineer in Mountain View, Calif., who has twin 2-year-olds with his partner of five years, Kristina Hathaway. His opposition to marriage is political, in solidarity with gays who can't legally wed in most states, and personal - he and his partner both got divorced in their 20s, an experience that has led McCauley to liken marriage to food poisoning: "You don't want...
...authors of the report conclude that Germany is a deeply divided country in terms of income and wealth. "Poverty is on the rise," Ulrich Schneider, the head of Paritätische Gesamtverband, tells TIME. "Our poverty rates date from 2007, before the current economic crisis. Unemployment will rise this year so there's bound to be more poverty." In many towns in eastern Germany local factories have shut down and, since reunification, unemployment rates have climbed to 25% after an exodus of young people looking for work in the west - a far cry from those "blossoming landscapes" former Chancellor Helmut...