Word: surpluses
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...farm, and the portion marketed does not travel far. This is because of high transport costs linked to a poor road system. Roughly 70 percent of all rural Africans live more than a 30-minute walk from the nearest all-weather road, so when seasonal rains are good, surplus production cannot be moved easily for sale in another district at a higher price. Even worse for these true Locavores, when the crops fail in a drought, food supplies from nearby surplus regions cannot be brought...
...revive. Otherwise, Wood says, stimulus spending could result in a "skewed outcome": billions of dollars in loans made to artificially boost growth could start to go bad, dragging down China's banks; at the same time, the country would remain saddled with a glut of factories producing a vast surplus of goods no one wants...
...economies would be imperiled by a drawn-out recession. Oil demand in rich countries has crashed since the onset of the economic crisis last year, and is now at its lowest level since about 1981, according to the Paris-based International Energy Agency. U.S. oil inventories - the stored surplus - this month reached their highest level since the 1980s. And about 2.6 billion barrels are currently stored in commercial tankers around the world. "There is some risk we will run out of storage space in the next four to six weeks," says Simon Wardell, director of global oil at IHS Global...
...which accounts for 90% of the country's revenues. Last summer the price of oil soared to nearly $150 a barrel. Now the price is roughly a third of that, leaving Iraq struggling to fend off a financial collapse within its government. Iraq has an estimated $30 billion in surplus funds generated from oil sales in years past, but that money is dwindling. Iraq expects to run a deficit this year of roughly $20 billion, which could be covered by the surplus funds. How the Iraqi government can continue to generate enough cash to fund itself going into...
This recalls for me the chocolate-and-bread sandwiches that sometimes were my lunch, and always a special treat. And it is another inventive way surplus is used in Umbrian cuisine, with leftover country bread serving as the foundation of an elegant layered dessert. Though it is soaked with chocolate and espresso sauce and buried in whipped cream, the bread doesn't disintegrate, and provides a pleasing textural contrast in every heavenly spoonful...