Word: standardly
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...result at Henley was more indicative of the standard of this year’s crew,” Kitovitz said...
...higher than those in Continental Europe and are much higher than Japanese rates. Similarly, U.S. stocks look better by comparison. Measured in euros or pounds, the S&P 500 index is up less than 50% from its October 2002 lows, while European markets have more than doubled. Plus, Standard and Poor's recently reported that 44.2% of the revenues of companies in the S&P 500 index were generated abroad, up from 32% five years ago. With almost half of their revenues being earned in foreign currencies, these firms make tempting purchases, or even takeover targets, for foreign-based investors...
...answers the phone for Delta Air Lines in Mumbai. He offered some advice: "Stop trading in your car every year and a half, and cut down going to Applebee's seven days a week to once a week. If you cut back, you can keep a pretty high standard of living...
...prizes for guessing who set the standard here: you can look it up on the Times's best-seller lists. There at No. 3 stands Tina Brown's biography of the Essex Girls' inspiration--Diana, Princess of Wales, who died 10 years ago next month. Diana famously loved the U.S. for reasons that have seduced countless Brits over the centuries. On the western side of the Atlantic you aren't judged by your parentage or whether you streak your hair. And the weather is better...
...cards, home-equity loans and adjustable-rate mortgages (ARMS)--are determined mostly by the Federal Reserve. It sets them with an eye on inflation. If the Fed fears that prices are rising too fast, it will raise rates to slow the economy. Longer-term rates, like those on a standard mortgage, are set on the open market. They are partly a bet on how well the Fed will control inflation but also reflect supply and demand. If there are lots of people with money to lend and not so many who want to borrow it, rates go down...