Word: steep
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...debt problems at the heart of the current financial crisis. Systematic apparently sounds good - the Dow jumped 400 points after CNBC first reported Thursday that such an effort was in the works, and on Friday, markets around the world opened sharply higher. But the price tag could be steep. "We're talking hundreds of billions," Treasury Secretary Hank Paulson said at a press conference Friday morning. "This needs to be big enough to make a real difference and get at the heart of the problem." The more alarmist economists are saying the cost of resolving the current crisis will exceed...
...local doctor was far away, and expensive, so they waited. When Harakatmo was still bleeding the next morning, they sent a horseman to fetch a village health worker, but Harakatmo's bleeding continued. Panicked, her husband strapped her to a makeshift stretcher and carried her down the steep track from their home until he found a police truck to take them to a clinic several miles away. The doctor there urged the family to rush Harakatmo to Badakhshan's only hospital, in Faizabad, the provincial capital. Harakatmo's husband hired a ramshackle minivan for the journey--a five-hour ride...
...market turmoil. The returns bring the largest endowment in higher education to $36.9 billion from $34.9 billion last year. The fact that the endowment only increased by 5.7 percent was due to the highest spending from the endowment in Harvard history. The stellar returns were fueled in part by steep increases in commodity prices in areas such as oil, metals, and food. While Harvard invests only 8 percent of its endowment in this category, the value of these holdings jumped 35.8 percent in Harvard’s last fiscal year. While the returns fell far short of last year?...
...Hong Kong's democracy movement crested in 2003, when SARS, a steep economic downturn, and a controversial security law galvanized massive street protests. Since then, the pro-democracy parties have fractured and their influence has waned. Sunday's turnout of 45% was down almost 11% from 2004. "There's a little sense of political impotence and apathy," says the Civic Party's Cheng, who is also a political science professor at City University of Hong Kong...
Until now, the steep price of conversions and most car owners' lack of technical know-how have kept consumers at bay. And while the cost is still prohibitive for most folks, some of the safety concerns and technical hurdles have been alleviated. Hymotion's conversion kit comes with a three-year warranty and has been crash tested. Those worried about voiding their original warranty should know that it is illegal for a carmaker to do so solely because an after-market product has been installed. If that product causes any malfunction or damage to the factory-installed parts, however...