Word: three-year
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...Adding to such concerns, consumer prices in South Korea surged to a three-year high in August, largely due to rising energy costs. Higher prices for heating oil, gasoline and consumer goods act as a brake on domestic consumer spending, which Korea badly needs to boost to revive its economic growth. Recent data suggests that South Korea may be entering a period of "stagflation," in which slowing economic output is accompanied by rising costs. The ruling Uri Party has proposed tax cuts to help spur domestic consumer and corporate spending. But export growth slowed to less than 30% year...
...after a three-year hiatus, Nair had a second coming. Scraping together $1.2 million from investors in India, France, Germany and Italy, she returned to what she knew best?family and India?and filmed Monsoon Wedding in New Delhi in the summer of 2000. Working with a handheld camera, she captured four scenes a day, completing the entire shoot in just one month?despite losing five days' worth of film to an airport X-ray machine. Giddily enjoyable but unsparing in its treatment of darker subjects like infidelity and pedophilia, Monsoon Wedding was the budget hit of 2001, topping...
...researchers could collect a better helping of such ancient stuff, that would go a long way toward explaining how the crude materials that constituted the early solar system developed into the discrete planets that exist today. For 27 months of its three-year mission, Genesis trolled through space beyond the orbit of the moon, gathering solar wind on five 4-in. hexagonal collector plates--each coated with silicon, gold, sapphire or diamond--and then stowing them back inside the body of the spacecraft. What's there could be a cosmic treasure: "A billion billion molecules for us to study," says...
Investors favoring CDs--such as income-seeking retirees--are also celebrating: the rate on a one-year CD now averages 1.52%. But Yeske warns about the beefier figures of longer-term CDs. Yes, the average three-year CD yields 2.83%, but with interest rates likely to continue to climb (the next rate hike is anticipated on Aug. 10), locking in might mean missing a better rate. In the short term, you're not as likely to get caught off guard. So if you plan to buy a car this fall, for example, it's not necessarily bad to hold...
...country's allies. - By Anthony Spaeth. With reporting by Nelly Sindayen Affairs of State LITHUANIA Former President Rolandas Paksas appeared in a Vilnius court on charges of leaking state secrets. Paksas was impeached in April after just 15 months in office; if found guilty, he faces a possible three-year jail sentence. The trial was adjourned until September. Living Dangerously CHECHNYA In an escalation of ongoing violence, at least 20 pro-Moscow Chechen security forces and Russian soldiers died across the province in fighting that reportedly left several dozen militants dead. Acting President Sergei Abramov survived a mine attack...