Word: upwards
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Eventually, yes. As long as tight supplies exert upward pressure on prices, the only way to get relief is to knock down demand for oil. Any technology that makes cars more efficient would do that, and hybrid cars are nearly 50% more fuel efficient than even the leanest conventional cars available today. The government offers tax credits for people who buy hybrids, but hybrids may not take off unless gas prices climb significantly higher. "At $3 a gallon, they start looking pretty sensible," Wyss says. Hydrogen-powered cars could make an even bigger dent in oil demand, but they...
...only the second day of voting by the 80 cardinals who had gathered there to name Pope John XXIII's successor. But no one anticipated a long conclave--and the expectations were not wrong. At 11:22, smoke began billowing from the rickety metal chimney that led upward from the Sistine Chapel, where in a ceremonial stove the used ballots were burned. Twice the day before, a few puffs of white had first appeared, but then the smoke had turned a disappointing black--the signal that no Pope had been chosen. This time there was no mistake: the smoke...
...area, rumblings or the emission of ash and gases are all harbingers of greater things to come. Changes in the snowcaps that cover tall volcanoes may also indicate trouble. In Iceland, for example, the sight of a sagging, snow-covered mountaintop, which indicates that hot magma is pushing upward and melting the ice cap, warns knowledgeable residents to head for safety. More sophisticated techniques include tiltmeters or laser ranging devices to detect deformations in the volcano cone, also caused by magma oozing upward. Seismometers are used to measure harmonic tremor around the volcano, a series of highly rhythmic shock waves...
...first Reagan Administration adamantly opposed attempts to set the value of the dollar. Then Treasury Secretary Donald Regan supported a hands-off policy that allowed market forces to determine exchange rates. But the staggering U.S. budget deficit and resulting high interest rates pushed the dollar steadily upward. By last March, the dollar was more than 80% stronger than in 1980. Foreign goods became cheap, and American products became dear. Result: a staggering trade deficit that led to strong protectionist sentiment on Capitol Hill. Even successful multinational corporations have been hurt by shifting currency rates. Complained Paul Orrefice, president...
...Wall Street trader could make a killing if he got advance notice of the Commerce Department's quarterly estimate of the country's economic growth. On the day it is released, that statistic can send the financial markets into a sharp upward or downward spurt. Thus Government officials became alarmed last July and then again in September when an accurate GNP estimate was circulating among traders the day before its official release. In an effort to find the source of the leak, the Commerce Department has called in the FBI, which last week was giving voluntary lie-detector tests...