Word: tightening
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...chain, believes that the alcohol market may take at least six months to recover, with retail prices skyrocketing by over 30% as producers, suppliers and retailers make up for their losses. But the cost of drinking has always failed to get between the nation and its joy. Russians will tighten up on everything else to sit back and enjoy a stiff drink; few, however, are likely to raise their glass to toast the bureaucracy...
...What is really troubling markets is not inflation. It is the fear that central banks may have tightened too much, and will tighten further. If that happens, the recent market shock would be merely the precursor to a still more dramatic quake...
...look President Bok in the eye and say ‘No.’”Knowles first took the Faculty’s helm in 1991 under then-University President Neil L. Rudenstine, inheriting an $11.7 million budget deficit. The dean proceeded to tighten belts across FAS—provoking a small outcry when he cut 10 staff positions at the Semitic Museum. He had nearly erased the deficit by 1996.Knowles returns to the deanship as FAS faces possible deficits yet again, resulting from a billion-dollar building boom and rapid growth in the Faculty?...
Knowles first took the Faculty’s helm in 1991 under then-University President Neil L. Rudenstine, inheriting an $11.7 million budget deficit. The dean proceeded to tighten belts across FAS—provoking a small outcry when he cut 10 staff positions at the Semitic Museum. He had nearly erased the deficit...
...what appears to be an instant. Stuff happens. But in my view the sudden frenzy about inflation is misplaced. Powerful forces in the world economy continue to keep prices largely in check. Indeed, if anything, central banks in their determination to kill inflation before it happens may already have tightened too much. Over the last decade, the world has experienced a series of brutal deflationary shocks. They started with the collapse of the Mexican peso in the mid-1990s. In 1997, much of eastern Asia's flourishing economy was leveled. Next were Russia, Turkey and Argentina; Brazil teetered...