Word: upwards
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Meanwhile, the cost of the war is adding to a massive budget deficit, which puts further upward pressure on rates. And naturally, rates will trend higher as the economy gets on track. Bonds face few of these pressures in such places as Australia, Canada and New Zealand, where economic recovery is already priced into the bond market, and in France and Germany, where growth is so slow (and inflation-fighting governments seemingly so dedicated to keeping it that way) that further rate cuts, and bond-price gains, look likely...
...international health workers. China's opacity, when it has about half of the more than 2,400 reported SARS cases worldwide, is akin to taking away half of the pieces. Last Thursday, Health Minister Zhang Wenkang finally broke a four-month silence to revise the country's death toll upward to 49?a statistic many local doctors maintain is still far too low for concern. Zhang then proceeded to confidently state that "it is now safe to live, work and travel in China." Yet just one day earlier, the WHO had issued its health advisory warning against travel to southern...
...that the Bambino, the Sultan of Swat, would sock a bunch of homers. Since joining the Yankees back in 1920 after his sensational trade from the Boston Red Sox, he had been averaging 44 a year--54 in that first year alone. In the process he changed baseball. His upward swing and the short right-field fence in Yankee Stadium--the House That Ruth Built, which opened in 1923--would lead the 1927 Yanks to the pennant. At the end of the season, on a 1-1 pitch against Washington's Tom Zachary, he set a home-run record that...
...victory over the armies of Saddam Hussein. But beyond that quick, or relatively quick collapse of the resistance of the bulk of Iraq's armed forces, all bets are off. The fact that Washington is planning to assume direct control over Iraq for an unspecified period and to leave upward of 100,000 troops on a long-term peacekeeping mission there suggests a recognition of potential for Saddam's removal to unleash bloody conflicts in a deeply fractured society. Although the President promises democracy and freedom to the Iraqi people, the intelligence analysis arm of his own State Department casts...
...Harvard team looks to continue its upward climb as it makes a west coast swing beginning March 22 at the Pomona Invitational...