Word: spikeness
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...Columbia economic professor Nouriel Roubini pointed out in a recent report written for private clients, car sales in China have been "artificially boosted on a temporary basis by incentives" and so are unlikely to sustain their rise. Similarly, a spike in purchases of white goods in China's countryside was largely caused by discount vouchers supplied to consumers by Beijing, Roubini notes...
...boost economic activity, Wood says, but the impact will start to wear off later in the year. Absent a recovery in China's hugely important export sector, "the bigger risk in China is of a 'W' shaped outcome," Wood says. In other words, after a brief, stimulus-driven spike, the economy will resume its downward track later in the year. Inevitably, growth will return. But Wood says a second downturn could be perilous and deep if current government measures artificially and temporarily prop up marginal manufacturers that otherwise would go bust (China's total production capacity exceeds domestic demand...
...There are several reasons for the spike in attacks. For impoverished Somalis, who appear to be behind most of the attacks, massive ransom payouts in recent months have proved that the piracy trade is perhaps their best route out of despair and hopelessness. It now appears that the earlier drop in attacks had more to do with the weather than with the international show of force. "There are new pirates all the time," Abdi Timo-Jile, a pirate himself, told TIME from his home in the central city of Garowe. "We people are not afraid. There is death every...
...dramatic rise in applications for jobs at the Central Intelligence Agency—which traditionally recruits heavily from the College—has seen no such spike from Harvard undergraduates. The Agency has for many years been actively using Harvard, as well as other colleges and universities nationwide, as a recruitment base. The CIA received over 120,000 applications in 2008, but for 2009 this figure has soared by approximately 50 percent, said CIA spokesperson Marie E. Harf. According to Robin Mount, the interim director of Office of Career Services at Harvard, the response from Harvard students has not changed...
Three years ago, a trip north in a rickety boat ran about $900 a head, says Juan Munoz-Torres, spokesman for the CBP agency. Now the spike in demand has jacked up the price to $4,000 or $5,000. For smugglers, the economic incentive is obvious. "[They] can make in a night what they can't make honestly in a year," says Myron Ackerman, a fisherman with a quarter-century on San Diego waters. (See pictures of the border fence between the U.S. and Mexico...