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Now, however, as emerging economies boom, wages there are rising.
The ultra-low rates that pegs such as Denmark's require risk inflating asset bubbles; house prices there are rising.
It is taking part in America's air campaign against the jihadists, but at home there are rising fears of a terrorist blowback, of the sort that Riyadh suffered at the hands of al-Qaeda between 2003 and 2005.
Wages in the top cities there are rising fast, he says; Chinese manufacturing is moving upmarket; and the Chinese state is intimately involved in many of the country's major businesses.
Background and purpose There are rising concerns about the frequency of infection after arthroplasty surgery.
Yet prices there are rising fast: by over 11% in 2013.
Similar(16)
Some newspapers in the UK are trying to deny there is rising inequality, he says.
There are rose gardens, a playground for children, and a warm welcome to dogs.
In private, there is rising concern about Macedonia.
However, there is rising support among Americans for its reintroduction in the hope of controlling inflation.
"We know there's rising collaboration among China, Japan, South Korea and Singapore, among other places in Asia," he said.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com