Word: steams
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...Piracy declined in subsequent centuries, thanks to increasingly vigilant militaries and the development of the steam engine. But amid a drop in naval patrols and a boom in international trade following the end of the Cold War, it has flourished anew - particularly in narrow choke points such as Asia's Strait of Malacca and the Gulf of Aden, which links the Red and Arabian seas. Buoyed by fast boats, fearsome weaponry and high-tech communications gear, pirates carried off 263 reported heists in 2007 - 28% of which occurred in the treacherous waters off Nigeria and Somalia, where vast coastlines...
...part of the bubble and won’t be replaced even when the finance industry regains its longterm health. And that too may not be for sometime. As Rogoff said in an interview with The Crimson on Tuesday, “we might be back at full steam in 2010, but full steam will probably be slower than it used to be, because our financial system is decimated...
...Sarah Palin's post-convention bounce dissipates, an ongoing conservative revolt in Arizona has been gaining steam. It probably won't cost McCain the state. But 26 years after the Republican was sent to Congress from Arizona, the schism within the state GOP points to lingering doubts that the right wing - both inside and outside Arizona - has about McCain's motives, methods and temperament. And in an unusually brutal state primary season that ended Sept. 2, suspicion about the Republican nominee led the conservative grass roots to air accusations of persecution and dirty politics...
...said. “I’m guessing we’ll end up having a recession like the 1980s, say the worst in 25 years, not one of the milder ones we’ve had recently. I think we might be back at full steam in 2010, but full steam will probably be slower than it used to be, because our financial system is decimated...
...presidential campaign hurtling into its final weeks and a financial crisis that is gathering steam at an even faster clip have collided headlong, bringing a virtual halt to one world, and both confusion and the promise of catharsis to the other...