Word: steep
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...walk up the steep College Hill from the grey industrial town of Providence to the lush green enclosed Brown University gradually reveals a small group of sign-bearing protestors. They can be seen every Friday afternoon rush hour proclaiming their message against United States intervention into Central America to all who make their way up the hill...
Every year the haunting stone ruins on the steep eastern slope of the Peruvian Andes are pummeled by up to 230 in. of rain. Getting to the site, 300 miles north of Lima, requires a five-day trudge through some of the highest tropical jungle in South America, a haven for jaguars, spectacled bears and giant anteaters...
...already hooked on Japanese capital. Enticed by steep American interest rates, Japanese investors poured about $25 billion last year into U.S. Government securities. That windfall financed a sizable chunk of the $175 billion federal budget deficit. Without Japanese money, interest rates on Treasury securities, which now range to 11.66% on a 30-year bond, would be even higher...
...Volcker is too generous with the money and interest rates drop too far, foreigners could start shunning U.S. investments and send the dollar into a steep decline. That might cause a sudden burst of inflation by making imports more expensive. For the moment, though, the dollar seems to be holding its own. On the day Citibank led the prime-rate cuts last week, the dollar surprisingly rose against the deutsche mark and the French franc. One reason for the dollar's continued strength is that foreign central banks, especially in Western Europe, have been reducing interest rates in their...
...Ethiopian Orthodox Church in the neighboring village. There, as priests under bright umbrellas chant ageless prayers, the tiny bodies are placed in a long trench. And each dusk in Bati, when the sun burns red and fierce, four men carry bodies from the house of the dead up a steep hill to their common grave. -By Pico Iyer. Reported by James Wilde/Bati, with other bureaus