Word: steeped
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...just before sunrise on a recent summer morning high in the Boyaca mountains of central Colombia. Already the steep terrain was bustling with prospectors called guaqueros, or treasure hunters. They were seeking their fortunes in the Cosquez cut, a mountainside excavation rich with dazzling gems -- emeralds...
Like a team of climbers nearing the top of a steep and dangerous mountain face, Western Europe's economies are beginning to show signs of fatigue. Though still pressing onward and upward, they face perilous obstacles, most notably the weak dollar. While Britain, Italy and Spain are still moving forward at a relatively brisk rate, such countries as West Germany, France and Sweden are faltering. And just as climbers roped together for safety can progress only at the pace of the slowest team member, growth is now being threatened by the economic laggards...
...drawn. By and large, consumers who make enough money to take advantage of lowered prices in sufficient quantity, and those canny enough to understand the widening array of choices, will reap the most benefits. Conversely, poor people, who are strained by high minimum-balance requirements at banks and steep local phone rates, may be faring the worst. Says David Schwartzman, economics professor at the New School for Social Research in Manhattan: "Low-income customers have been the real losers in deregulation. They don't use long-distance service, they don't have large deposits at banks, and they...
...priced choices. Breakfast may include crackling thick Irish oatmeal or homemade muffins, and at brunch and lunch there are well-made omelets. Probably Philadelphia's most widely acclaimed French restaurant is Le Bec-Fin. Although not quite up to its national reputation, it does offer some fine food -- at steep prices -- in a dated Louis-the-Something setting. Avoid complex dishes such as lamb wrapped in veal and heavily sauteed scallops with snow peas. More successful are the Cornish hen with a garlic-and-thyme cream sauce, and veal medallions nestling in a morel cream sauce...
Other cities, like New York and Detroit, face a similar problem, but it is most acute in the Los Angeles area. Steep rentals and a dearth of public housing have combined with a surging population to push people into makeshift shelters. Some fear that, given the fact that poverty is slowly increasing in the U.S. while the quantity of low-cost housing is shrinking, the L.A. trend may be the wave of the future for the nation's working poor...