Word: yieldings
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...Even Elysée officials say it's impossible to know what a congress of nearly 20 national leaders will yield. "The fact that President Bush agreed to the summit is, in our view, a very significant development in itself," says Sarkozy spokesman Franck Louvrier. "As to exactly what will happen, it's too soon to know." So much for Sarkozy's swagger in insisting on major revision to aspects of the 1944 Bretton Woods treaty."Europe wants it," he said. "Europe demands it. Europe will get it." But observers suggest what emerges may not be exactly what Europe...
...also produces natural gas.) Venezuela makes up the difference by shipping almost 100,000 BPD to Cuba. The University of Miami's Pinon says the more serious issue is refining capacity: even if Cuba has only the low estimate of 5 billion bbl. - which could yield more than 300,000 BPD - it needs Venezuela's investment to upgrade refineries like the Soviet-built plant at Cienfuegos. But plummeting crude prices mean that Chávez may have a lot less wealth to spread around for his petro-diplomacy projects. "Like the collapse of the Soviet Union," says Pinon, "this kind...
...rights, ruling that any law that discriminates on the basis of sexual orientation will from now on be met with the same strict scrutiny typically reserved for laws involving race or religion. By contrast, Connecticut's Justice Richard Palmer writes that "our conventional understanding of marriage must yield to a more contemporary appreciation of the rights entitled to constitutional protection...
Certainly some stocks have been getting cheap. McManus points out that last Friday the dividend yield reached 3.3%, which was higher than the expected inflation rate. The last time this happened was during the 2002 sell-off, which presaged 26% market growth the next year...
...there have been forgers, crafty hucksters who seize on a believer's desire to possess material proof of the divine. In Jerusalem, it is a bountiful trade. The old adage is that if all the splinters of the True Cross were gathered from across Christendom, it would yield a wooden crucifix the size of a Manhattan skyscraper. Even back in the Middle Ages, pilgrims visiting Jerusalem told of hawkers who sold counterfeit bones and relics of saints...