Word: shrivelling
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...someone who is expected to meet with Hillary Clinton during her first trip to Asia as U.S. Secretary of State, Japanese Prime Minister Taro Aso appears to be a host not yet ready for the party. Japan's economy continues to shrivel, the government remains gridlocked as elections loom, and public approval for Aso's administration is plunging. Even influential former Prime Minister Junichiro Koizumi is criticizing Aso's performance, though both are members of the ruling Liberal Democratic Party...
...Still, no one's suggesting the hedge-fund industry will start to shrivel until it is once again the size of a cottage industry. According to HFR's composite index, hedge funds since 1990 have produced an average annual return of 13.94% (after fees) compared with 10.9% for the S&P 500 - and they delivered that higher return with half the volatility of the S&P 500. If similar results are maintained, the industry will continue to attract billions of dollars from institutional investors. Even during the subprime turmoil, Read of CalPERS said it never crossed his mind to write...
...Birds love the sugar-laden grapes (hence the surreal sight in early fall in Central Otago of what appear to be snow-filled valleys, which are in fact a vast expanse of white nets). If the grapes aren't picked exactly as they reach maturity, the thin-skinned berries shrivel on the vines--which, because they thrive on steep slopes, demand that harvesting be done by hand. Yields are low--about 2 tons per acre (5 metric tons per hectare, which translates into about 350 cases of wine). Sauvignon Blanc vines would yield three times as much. Add to that...
...four times as much track was laid in 1848 as the year before. Everyone spoke of the resulting "annihilation of time and space," and in a journal called the Quarterly Review a writer predicted that "as distances [are] thus annihilated, the surface of our country would, as it were, shrivel in size until it became not much bigger than one immense city...
...puts it, "there is one camp [in Evangelicalism] who truly want to follow Jesus, and another, much narrower, the Christian political power brokers, who want to follow conservative politics." He thinks the latter will soon be exposed to the majority as wordly operators rather than God's servants and shrivel away. He regards some of Warren's more prominent critics this week as prime examples...