Word: windes
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...plummeting investor confidence in the American economy has only accelerated the greenback's erosion, which in a little over two years has depreciated from $1.1826 per euro in January, 2006 to Thursday's $1.56. The result is that products manufactured by companies paying euro-fixed salaries and supplies wind up in stores with dollar-denominated price tags looking prohibitively expensive to shoppers...
Central banks are supposed to "lean against the wind." Monetary policymakers increase overnight interest rates when strong growth is threatening to push up inflation, and they reduce rates when economies begin to slide into recession and deflation. But what to do when the wind is a cyclone? That is the question confronting the U.S. Federal Reserve, the European Central Bank and their counterparts as the financial storm spawned by U.S. subprime mortgages continues to wreak havoc across credit markets. The resulting higher borrowing rates and tighter credit standards threaten to pull the U.S. economy into recession...
...road terminated at the Ishtar Gate, a massive structure encompassing the five fortification walls and rising more than 75 ft. (23 m). On its vivid blue, glazed-brick façade appeared 150 bulls and dragons, alternating in yellow and white, to honor Adad, the god of wind, and Marduk, Babylon's chief deity. Panels also depicted the mushhushshu, a dragon-like creature covered in scales - its front legs feline, its hind legs belonging to a bird of prey, its tail resembling a scorpion's stinger...
...Deifying Fallon at the expense of the President isn't helpful to a sitting commander," a Joint Staff officer noted. Nor was it the first time the admiral had sailed close to the wind in commenting on the policies of his commander-in-chief. Last fall, in a comment to the Arab television channel Al-Jazeera, Fallon said a "constant drumbeat of conflict" out of Washington about war with Iran was "not helpful and not useful. I expect that there will be no war, and that is what we ought to be working for." Yet, both Defense Secretary Robert Gates...
...pushed the start of races to the early afternoon and forced the abandonment of the first B division race. After the intermittent delays, action finally resumed at 3 p.m. Then came the squall. “For about an hour and a half, it was constant high winds,” Watson said. “Just about everyone flipped over. I don’t know if that’s ever happened, at least not in my time here.” A strong, sustained disturbance capsized 36 of the 38 boats on the water during the fourth...