Word: soared
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...world's fourth most populous country, but they can be found in the cupboards of almost every Indonesian household. That wasn't the case a decade ago, however, when inflation and rioting following the fall of President Suharto's 32-year military regime prompted food prices to soar, caused factories to fail and led unemployment to double...
...laughing. Frustration over the sluggish pace of Iraq's oil production is rising in the country and abroad as global prices soar. (At the same time, current oil revenues account for 90% of the government's substantial budget surplus of roughly $50 billion, unspent because of an inefficient infrastructure and bureaucracy.) Much of Iraq starves for electricity and fuel as vast amounts of oil and gas sit untapped in the ground. Iraq's oil industry needs a virtual overhaul to reach a level of production that could erase chronic fuel shortages in the country and rake in windfall profits...
Atlanta-based ValuJet was a phenomenal success story. In just three years, it had leaped from two planes on eight routes between Atlanta and Jacksonville, Orlando and Tampa, Florida, to 51 planes with 320 itineraries. Founded in 1993, the discount carrier saw revenue soar to $368 million...
...barrel, or double the price of a year ago. Western economies as a whole are far less dependent on oil than during the two big oil shocks of the 1970s, but with food prices also on the rise, the situation remains highly volatile. If inflation continues to soar, expect more central bank tightening and a growing risk of recession...
...according to the most recent data from the OECD, while the U.S. spent 2.9%. From medieval Oxford and Cambridge to ambitious modern universities like Warwick, institutions are slowly sharpening their competitive edge. As worldwide college entry rates and numbers of students learning overseas soar, "no matter which way you look at it," says Heather Bell, appointed last year as Oxford's first director of international strategy, "higher education is internationalizing and the competitive intensity is increasing...