Word: wave
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...wave swamping bank earnings has moved away from being caused solely by derivatives. LBO loans, commercial real estate, consumer credit cards, and corporate bankruptcies are building and will not peak until the momentum in joblessness and falling GDP stops accelerating. That could take well over a year...
That means that barring a swift and sudden reduction in greenhouse-gas emissions, by the end of the century an average July day will almost certainly be hotter than the hottest heat waves we experience now. And the extreme heat will wilt our crops. Battisti and Naylor looked at the effect that major heat waves have had on agriculture in the past - like the ruthless heat in Western Europe during the summer of 2003 - and found that crop yields have suffered deeply. In Italy, maize yields fell 36% in 2003, compared with the previous year, and in France they fell...
Throughout the Sixties, Motown produced a catalog of songs that cannot be rivaled. "You've Really Got a Hold On Me," "Heat Wave," "Dancing in the Street," "Tracks of My Tears," "Where Did Our Love Go," "My Guy," "My Girl," "Baby Love," "Reach Out, I'll Be There," "I Can't Help Myself," "Get Ready," "Stop! In the Name of Love," "The Way You Do the Things You Do," and so on. They were simple love songs that told simple stories, often in joyously happy or heartbreakingly sad ways. And all the while Motown was the pride of Detroit...
...truly independent cinema. His 1958 A Movie (comprising 12 minutes of found footage subversively edited into a meditation on sex and death) and the 1962 Cosmic Ray (with a stripper dancing to Ray Charles' What'd I Say) birthed a subgenre of avant-garde films and inspired the '60s wave of multimedia art in concert halls and discos. (Conner also designed light shows at San Francisco's Avalon Ballroom.) Some of his films were more politically explicit - Report, on the Kennedy assassination, and Crossroads, on the A bomb - but all were things of beauty and horror. Conner is survived...
...Jean Delannoy, 100, directed the forbidden-love hit La symphonie pastorale, from the André Gide novel, in 1946; the following decade, his precise dramas became the butt of young turks like Truffaut and Jean-Luc Godard who formed France's New Wave. Back when the international audience got much of its fun, sex and sentiment from Italian movies, Dino Risi, 91, provided robust entertainment in many genres. Among his 80-some features were 17 starring Vittorio Gassman, most prominently the cynical social fable Il Sorpasso / The Easy Life and the blind-officer-on-a-toot drama Profuma di Donna...