Word: steep
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...terrestrial paradise, but nearby is the stunning Songzanlin Monastery, which could as easily have sprung from Hilton's imagination as that of a Tibetan architect. And Deqin?especially the majestic, glacier-draped Mount Kagbo, Yunnan's highest peak at 6,740 m?lives up to its billing. A steep scramble up the mountain's flank will bring hikers to the foot of the glacier, which lies at the heart of Shangri-la, according to the glossiest of the tourist brochures...
THAT OLD EXUBERANCE After a steep three-month decline, the Consumer Confidence Index jumped more than 8 points in December, its biggest gain since February...
...Eduardo Duhalde, declared that "Argentina is bankrupt," the new Economy Minister, Jorge Remes Lenicov, announced a plan to tackle the crisis precipitated by the country's four-year recession and its Dec. 20 default on $132 billion in foreign debt. Remes Lenicov devalued the peso by 40% and announced steep cuts in public services...
...Steep declines in the real wages of Harvard’s lowest-paid service employees—a 13 percent drop over the past seven years for some custodians—“distressed” the committee, and members heard “powerful and often troubling” testimony from employees about the experience of working at Harvard...
...Africa. Poor nations in the region had long said the high cost of the drugs was taking a toll in human lives. Their case was later bolstered when the U.S. and Canada, fearing terrorist anthrax attacks, pressured German giant Bayer to sell Cipro, its anti-anthrax drug, at a steep discount...