Word: runaways
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Dates: during 2000-2009
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...yielding 3.5%, interest rates rising to 4% or 5% or higher mean your bond (with its rate stuck at 3.5%) falls in value. That's the logic of bonds: when interest rates rise, bond prices fall. Since 1981, when the 10-year Treasury rate topped 15% amid fears of runaway inflation, the interest-rate trend has been downward, bringing on a long bull market in bonds. One of these days, the trend will shift...
...that has to be balanced with the danger of runaway costs, which seem almost guaranteed when it comes to the Olympics. Brad Humphreys, professor of the Economics of Gaming at the University of Alberta, keeps count on Olympic budgets. His tally is a tale of excess: Athens budgeted $1.6 billion for the 2004 Games but wound up spending $16 billion. Four years later, Beijing budgeted the same amount, $1.6 billion, for the 2008 Summer Games yet spent an enormous $40 billion. London originally planned to spend $8 billion for the 2012 Games; the current estimate is $19 billion and rising...
...what we can say with confidence is that Deanna Frankowski was there. A cheery woman of 49 from Leeds, Ala., Frankowski said she had come to Washington as part of a group of 100 or more protesters. They filled two buses. And they were motivated by a concern about runaway government spending - that, plus an outraged feeling that their views as citizens are not being heard. "We are sick and tired of being ignored," she said. "There is too much money being spent...
After Le’s disappearance was first noted later on Tuesday, suspicions of a runaway bride soon turned to alarm about possible foul play. By Thursday, a $10,000 reward had been posted for Le’s whereabouts, while investigators searched every corner of the lab building...
...ICCAT), a Madrid-based organization that regulates tuna fishing among most countries that engage in it, breeding stocks of bluefin tuna have declined to below 40% of their 1970 levels, with the steepest drop occurring in the past five to 10 years. Much of the problem lies with the runaway market for sushi and the illegal fishing that exploits the profits it offers. Some scientists, like Brian MacKenzie of Denmark's National Institute of Aquatic Resources, have suggested that at the current levels of fishing, the collapse of bluefin stocks in the eastern Atlantic and Mediterranean is imminent. (See pictures...