In response, workers are likely to demand higher nominal wages. If the central bank is to avoid an inflation spiral, it must ensure that the first round effects of higher energy prices on inflation do not fuel such second round effects.

Second round, it's Sweden, 1916, against Egypt, 1990.

(a) Round table 1 will focus on the effects of international migration on economic and social development

But higher energy prices, by themselves, will not cause the ECB to pull the interest rate trigger. The key will be so called second round effects whether growing crude prices lead to higher wage demands from trade unions.

To date, neither the surge in oil prices nor the steep price increases in other commodities have triggered significant second round effects on prices in the developed economies, where inflation rates, albeit rising, remained relatively low in 2004.

(b) The second set of two interactive round tables will be held concurrently in the morning of the second day

A first round of legislative and presidential elections was held on 13 March 2005 a second round was scheduled for 8 May 2005.

Now the second round of voting did not bring forth a clear winner either.

The longer energy prices remain at their current lofty levels, the greater the probability that inflationary expectations will increase and that second round effects will materialize. Further procrastination on interest rate normalization by the ECB could well lead to a nasty bout of inflation.

A second round of floods occurred in May and June, affecting the north east and east.

Documents GC.11 7 and IDB.30 CRP.6 also provided information on the first round of training and the planned second round for the newly appointed Heads.

(ii) The second set of two interactive round tables would be held concurrently in the morning of the second day of the High level Dialogue

(b) The second set of two interactive round tables will be held concurrently in the morning of the second day of the High level Dialogue

(ii) The second set of two interactive round tables will be held concurrently in the morning of the second day of the High level Dialogue

The tone of ECB President Jean Claude Trichet s comments in the Q A section of the press conference following the October meeting was unusually hawkish. Trichet appeared to be calling for a pre emptive approach when he said, We must not allow second round effects to materialize.

And so I was in the second round of competition, and then the third and the fourth.

Academy Award Winner for Visual Effects Second doctor Welcome to your new body, Jake. First doctor Good.

Now the first round of the voting didn't bring forth a clear winner so nobody had achieved the absolute majority so voting went into a second round three weeks later.

The device was used during the second and third SeaWiFS Round Robins in June 1993 and September 1994.

In accordance with operative paragraphs 7 and 9 of the draft resolution, the four round tables, consisting of a first set of two interactive round tables to be held concurrently in the afternoon of the first day and the second set of two interactive round tables to be held concurrently in the morning of the second day, would not require additional documentation.

In accordance with paragraphs 7 and 9 of the draft resolution, the four round tables, consisting of a first set of two interactive round tables to be held concurrently in the afternoon of the first day and the second set of two interactive round tables to be held concurrently in the morning of the second day, will not require additional documentation.

Trichet appeared to be calling for a pre emptive approach when he said, We must not allow second round effects to materialize. For the first time, the ECB president was willing to admit publicly that the Governing Council had discussed the pros and cons of a rate hike at the meeting.

On 5 May, Palestinians held a second round of local elections in 84 municipalities in Gaza and the West Bank.

The first round and final (10.42pm) take place on today's second day of action, where Wiggins is sure to be the focus.

On 27 November 2005, the first round of national elections (presidential and legislative) will be held, with the option of a second round of voting if necessary, according to our understanding t' on 18 December 2005 . (para.

If people get discouraged by the situation there is a risk of low turnout in the second round of signature petition, said Salamanca.

The Centre has its second area of business in the provision of tracking, telemetry and command services, 24 hours per day, all year round.

However, the Conference deemed it appropriate to begin an initial round of exchange of views and experience in these areas during its second session.

My second point is that, beyond the sharing of data itself, there is also a lack of coordination of efforts, which has counterproductive effects.

The NSF apos s Office of Polar Programs continued during the year to support researchers studying the cause and effects of the Antarctic ozone hole at each of three year round stations.

It would lead first to the end of the Socialist Party created by François Mitterrand. Following Lionel Jospin s humiliating defeat in 2002, the Socialists simply would not survive a second consecutive failure to reach the second round.

In a press statement read by the President of the Council after the consultations, members welcomed the first round of presidential and legislative elections in the Central African Republic and underlined the importance of the second round of elections scheduled for 1 May.

The 20th round of CBA regular season will begin tonight, which also means the start of the second half of CBA league in 2016 2017 season.

Japan s plunge in the second quarter was blamed on a sales tax hike. Europe s stagnant growth in the second quarter has been explained away as an aberration reflecting the confluence of weather effects and sanctions imposed on Russia.

The topic Effects of armed conflicts on treaties was included in the International Law Commission's long term programme of work during its fifty second session, in 2000.

Noting with satisfaction the outcomes of the second round of informal consultations of States parties to the Agreement, held in New York from 23 to 25 July 2003,

The second round of language specific informational meetings in 2005 will be held in December, from 1.15 to 2.30 p.m. in Conference Room 7, on the following dates

In the meantime, the Procurement Service will organize a second round of the advanced field procurement training programme to upgrade skills of procurement staff in the field missions.

Following the publication of the electoral law on 11 February 2005, preparations are under way to hold local elections on 9 October 2005 and the first round of parliamentary and presidential elections on 13 November a second round, if necessary, would be held on 18 December.

The Expert Group requested the Secretariat to examine the possibility of holding a second round of informal regional consultations, funds permitting, to be held between the second meeting of the Expert Group and the third session of the Conference of the Parties.

The new Heads, attending the second round of training, have also been requested to develop their work plans and to finalize it in close consultation with respective UNDP colleagues.

Another Islamist movement, Algeria s Islamic Salvation Front, almost had such an opportunity in 1991, when it won the first round of a general election. But the military prevented its victory by canceling the second round, triggering a brutal eight year civil war in which an estimated 200,000 people died.

In the first round of the parliamentary election, the UMP won a record high 40 of the vote. While voters denied the UMP a landslide victory in the second round, its overall win meant that the governing party retained its legislative majority for the first time in 29 years.

Or it might just be that one little nagging thought that just goes round and round and round your mind.

The stimulus package would thus fill less than half of the hole in GDP caused by the decline in household wealth and housing construction, with the remaining demand shortfall of 450 billion in each of the next two years causing serious second round effects. As demand falls, businesses will reduce production, leading to lower employment and incomes, which in turn will lead to further cuts in consumer spending.