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AT THE start of the 1960s London's status as a financial centre was in gentle decline, reflecting Britain's waning importance in the global economy.
Indeed, Mr. Frey's contention that having 5percentt or so of his book in dispute was "comfortably within the realm of what's appropriate for a memoir" and the troubling insistence of his publishers and his cheerleader Oprah Winfrey that it really didn't matter if he'd taken liberties with the facts of his story underscore the waning importance people these days attach to objectivity and veracity.
Basic stuff, maybe, but in a handy format though of waning importance in a market less driven by momentum.
In the face of its waning importance France enacted silly laws to shore up the mother tongue, such as requiring the use of French in the public square, in advertising, etc. Detroit, central to the good guys' efforts in winning World War II, never imagined it would cede its leadership to World War II's bad guys and losers.
The US is only about 1percentt of the market for China's steel, itself of waning importance to the Chinese economy.
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Other factors that have propped up the price over the past decade are likely to wane in importance.
It is easy to be for some of these and against others, and some may wax or wane in importance according to time, circumstance, propaganda or wishful thinking.
Dissension within the committee contributed to the downfall of Robespierre in July 1794, after which the Committee of Public Safety waned in importance; its powers were strictly limited to the areas of diplomacy and war.
During the baby boom period, feminism waned in importance.
Having wedded and bedded her manchild, Margaery currently has the upper hand – as Littlefinger remarked: "Queen Mother is a title whose importance is waning day by day".
In 1611 it was captured by the Danes, and its military importance waned thereafter.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com