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Exact(30)
As yet, the effects of this tightening do not appear to have permeated through to top-line sales on the high street.
"For now at least, Trichet is giving the impression of walking, not running into this tightening cycle," said Simon Smith, chief economist at FxPro.
This tightening contributed to a rise in oil prices, to today's $100-plus 100-plus range from around $50 a barrel in January 2007.
"Public polling confirms that Mike Fedele has all the momentum in this tightening contest, and our internal polls show the race as a dead heat," said Jim Conroy, a spokesman for Mr. Fedele.
"The current rate hike could be the last in this tightening cycle" as the Chinese central bank rarely raises rates when inflation starts to fall, economists at Citigroup wrote Wednesday in a research note.
And though this tightening squeeze drives up the cost of doing business, to the grumbles of the country's bazaaris, it has hit on several dodges to evade the Treasury enforcers: repeatedly renaming ships to evade port authorities' scrutiny, or bribing middlemen to route illicit shipments in roundabout ways to disguise their destination.
Similar(30)
"This tightens things up now," Lakers Coach Phil Jackson said.
This tightens the cloth around his groin and jacks up the leg of the trousers.
This tightens its grip over the e-book market.A book in the windowPerhaps the biggest problem, though, is the gradual disappearance of the shop window.
There's a cost to this tightened integration, though.
The target: "This tightens the skin behind the thighs, tones the lower abs, and builds your self-esteem".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com