Word: fixedness
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Counting on Chinese consumers, however, may not be a sure bet. Some economists had thought that increasingly wealthy Chinese, with their appetite for cars, mobile phones and Big Macs, could help fill the breach opened by retreating American spenders. But that hope, too, is fading. Though Chinese spending is so...
“You asked whether we are fixed on this path,” Smith said. “Yes, we are fixed on this path and we are moving forward.”
In an effort to free international trade and fund postwar reconstruction, the member states agreed to fix their exchange rates by tying their currencies to the U.S. dollar. American politicians, meanwhile, assured the rest of the world that its currency was dependable by linking the U.S. dollar to gold; $1...
As a measure of how volatile investors reckon markets will be in the short term, the sharp sell-offs seen in recent months have sent the VIX to its eye-popping highs. The index is calculated from the price of options - a deal to buy or sell an asset at...
A BASE jump is a parachuted jump from a fixed object - a mountain, a building, anything that rises high into the air. The term is an acronym for the types of structures off of which jumpers fling themselves: Buildings, Antennas, Spans (bridges) and Earth (rocks). Carl Boenish, a cinematographer who...