Word: spiraling
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...Trade is the big wild card. Canada is riding a wave of replenishment by U.S. automakers and manufacturers, whose inventories hit record lows earlier this year as a result of restructuring and a downward spiral in consumer spending. But it's unclear how long that can sustain a recovery north of the 49th parallel. "If the Canadian dollar stays where it is, the job numbers will go the other way [i.e., worsen]," says Jean-Michel Laurin, vice president of global business policy for Canadian Manufacturers & Exporters (CME), the country's largest trade and industry association...
...from before the Australian move. Like the Japanese yen, the dollar has effectively become a carry-trade currency. People borrow in the U.S. currency and use the proceeds to buy the Australian dollar, profiting from the interest rate differential and also the greenback's downward spiral. (See pictures of TIME's Wall Street covers...
...nearly 50 other freshmen and sophomores in districts won by George W. Bush and McCain in the past two elections. President Obama's party could lose 40 seats next November, according to political expert Charlie Cook, if Democrats fail to pass health-care reform and polls continue their downward spiral. "The kinds of conditions that create wave elections are the kinds of conditions we're seeing right now," he says. "Kratovil is in bad shape - as bad as an incumbent...
...there are some concerns that costs could spiral out of control. London Mayor Boris Johnson has put forth a plan to cut ?20 million ($32 million) from the budget by holding certain events (boxing, shooting, rhythmic gymnastics and badminton) in existing venues such as Wembley Arena - even if this means longer transport time for athletes staying at the Olympic Village. In response to recent opposition from the Olympic Board, which in addition to Johnson includes Lord Sebastian Coe, the LOCOG chairman, the ever-quotable Johnson evoked former Soviet leader Nikita Khrushchev, saying: "If I have to take my shoe...
...thousands of plant and animal fossils from the site and they get a remarkably clear picture of the habitat Ardi roamed some 200,000 generations ago. It was a grassy woodland with patches of denser forest and freshwater springs. Colobus monkeys chattered in the trees, while baboons, elephants, spiral-horned antelopes and hyenas roamed the terrain. Shrews, hares, porcupines and small carnivores scuttled in the underbrush. There were an assortment of bats and at least 29 species of birds, including peacocks, doves, lovebirds, swifts and owls. Buried in the Ethiopian sediments were hackberry seeds, fossilized palm wood and traces...