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How does the IMF think people are going to react when, suddenly, the value of their life savings shrivels with no warning, their pay is effectively slashed, the cost of their mortgage skyrockets and their jobs are in jeopardy as businesses collapse because of ballooning interest rates?
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Their currency, the afghani, had gained considerably against the rial, effectively slashing their already meager wages.
There is no fury like an online forum unleashed, and Continental's unexpected announcement last Tuesday that it was effectively slashing benefits for its OnePass frequent-flier members who travel on the cheapest fares kicked up a major storm from outraged customers.
TomTom said it now expected to post earnings before interest, taxes, depreciation and amortization of 1.66 billion-1.68 billion euros (or around $2.2 billion) in 2008, effectively slashing forecasts by some 9.0%.
At that moment, if you knew that the airline's corporate bean counters those same guys who have taken away your hot in-flight meal and made you wait three hours between connections had grounded a large chunk of the airline's fleet to save money, effectively slashing the number of seats in the sky and making you suffer like this, how would you feel?
Pruitt's analysis effectively slashes that figure to between $1 and $6 per metric ton, according to think tank Resources for the Future.
He'd fully privatize Social Security, hike the age for Medicare eligibility, and "demand" a balanced budget amendment which would effectively slash and burn funding if not outright eliminate legions of health, education and job programs.
Taylor, a Kansas product, slashed to the basket effectively, both scoring and distributing the ball.
The Federal Reserve has not just slashed interest rates to effectively zero, but is pouring vast amounts of money into the economy via quantitative easing.
In the charge announced Tuesday, H.P. slashed the value of both, effectively saying Autonomy was worth 80 percent less than it originally thought.
Touring and promoting is more and more important as publishers fire more and more staff, promote less and less effectively and allow sales incomes to be slashed by heavy discounting.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com