Exact(10)
That means that while European tourists are flocking to American department stores to take advantage of the exchange rate, American consumers of high-end fashion and leather goods from Europe may be in for sticker shock.
Further evidence came in that the economic cycle is ageing: America's fourth-quarter productivity growth was marked down sharply, to just 1.6% at an annual rate; American unit labour costs leapt in the same quarter, by an annualised 6.6%.
Naturally, you can still be stoned to death for coveting your neighbour's wife in certain Muslim jurisdictions, but the steady decriminalisation of marital infidelity has been a feature of European and (latterly at any rate) American law for several centuries.
Though the technology of book publishing seemed to be changing at an ever-increasing rate, American writers appeared to be moving at the usual pace for serious artists, producing the best work they could in the shortest period of time, which for most of them meant years rather than digital seconds.
So Americans could only rate American companies they knew about.
Despite its burn rate, American isn't in short-term danger of running out of capital because it is leveraged.
Similar(50)
Despite higher air fares and an unfavorable exchange rate, Americans continue to flock to Europe.
But not, many experts say, if all of them consume materials, energy and other goods at the rate Americans do now.
And now they have done it for a second-rate American, too.
He certainly has the mellifluous density of tone and the enthusiasm for first-rate American repertory.
Eastman had a fine mind, but he had something rarer, and that was a first-rate American style.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com