Word: slideing
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...Could the current activity be the warning signs of another such apocalypse? Or just a large but not world-ending earthquake, like the 7.5-magnitude temblor that happened on a summer night in 1959 and caused a mountain to slide down into a campground, killing 28 people and damming the Madison River...
...Roosevelt's sons were fantastic scoundrels," says Bonnie Angelo, author of First Families: The Impact of the White House on Their Lives. They would sneak around behind the lamplighter on Lafayette Square extinguishing the lamps he lit. They'd slide down the grand staircase on kitchen trays. "When Archie was sick, his brother Quentin - with the aid of a White House staffer - brought their pony Algonquin up to his room in the elevator to make him feel better," says Angelo. These pranks were tolerated, she notes, because the President enjoyed them more than anyone. "The only thing he stopped...
...that activity reflects the grim prospects facing the industry next year. IATA expects the world's airlines to lose an additional $2.5 billion in 2009. Passenger traffic, it forecasts, will slide 3%, the first fall since 2001. Next year looks particularly bleak for European carriers. Having hedged more than U.S. rivals against the spiraling fuel costs earlier this year, European airlines - now locked in to fuel contracts - are less able to benefit from the steep slide in the price of oil in recent weeks. American carriers have also reacted quicker than European rivals when it comes to cutting back...
...Wednesday they pushed back when the 11 oil ministers of the Opec cartel agreed to cut their combined output by about 2.2 million barrels a day starting January 1. The biggest production cut in Opec's 48-year history is an emergency measure aimed at reversing the precipitous slide in world oil prices, which the cartel hopes to push up to almost double their current level...
...latest cut follows an October cut of 1.5 million barrels a day, which failed to arrest the downward slide in oil futures - prices have plunged a further 18% since November, deepening fears among oil-rich nations of an economic disaster at home. Whereas in July, with futures at a record high of $147 a barrel, the daily oil earnings for Opec's 11 members stood at $4 billion, this week, with oil hovering at around $43 a barrel, the cartel's combined daily earnings stood closer to $1.2 billion. Saudi Arabia's oil minister Ali Al-Naimi said last month...