The value of the yen has soared.

But optimism foundered over the course of 2013, and frustration soared.

He rode on a cherub, and flew. Yes, he soared on the wings of the wind.

He rode on a cherub, and flew. Yes, he soared on the wings of the wind.

Demand for gold jewelry in India and China soared. Emerging market central banks diversified out of dollars and into gold.

The demand for financial sources by major parties to the conflict in Somalia to fund the arms purchases has soared, along with the arms prices.

Yet the company's stock soared 17 per cent on Thursday, a sign that investors view the move as a proactive measure that portends a stronger future for Macy's.

Data released by the Czech Tourism Authority showed that the number of Chinese tourist arrivals to the Czech Republic has soared from 80,000 in 2010 to 250,000 in 2014.

Indeed, for thousands of years, until the Industrial Revolution, incomes stagnated. Then per capita income soared, increasing year after year, interrupted only by the occasional effects of cyclical fluctuations.

So when the dollar s convertibility into gold was suspended, the value of that debt soared, threatening many institutions survival. President Roosevelt s administration declared the clause invalid, forcing debt forgiveness.

Meanwhile, corporate profits have soared. The GDP share of after tax corporate profits is at a nbsp record high, whereas labor compensation has plunged to its lowest share since 1950.

Local governments indebtedness soared, and fixed investment surged toward an unprecedented 50 of GDP. Fears surfaced of another banking crisis, the imminent collapse of a monstrous property bubble, and runaway inflation.

The 19 year old American gymnast soared to the all around title on Thursday, putting the gap between herself and the rest of the world on full display under the Olympic spotlight.

Only thanks to stubbornly persistent inflation has Italy s nominal GDP managed to remain constant. Overall unemployment has climbed to 12 , while the rate for youth not attending school has soared to 44 .

Draghi s strong indeed, unprecedented statement was widely interpreted as signaling that the ECB would soon revive its bond purchase program, focusing on Spanish debt in particular. Stock markets around the world soared.

Almost immediately, the yen depreciated, exports increased, and the stock market soared. After nearly two decades of recession, the Japanese economy was growing again and it had Abenomics to thank for it.

In the last decade, GDP growth soared, but most indices of social justice, governance performance, and public welfare deteriorated. Macroeconomic imbalances worsened as economic growth became excessively dependent on investment and exports.

As a result, support for sharia declined and national identity soared. Insofar as political discourse is focused on national rebuilding and freedom, Islamic fundamentalists, in Egypt and elsewhere, will face an uphill battle.

During the East Asian crisis of 1997 1998, poverty rose sharply. For example, Indonesia s poverty rate soared from roughly 11 to 37 during the crisis, mainly owing to the massive depreciation of the rupiah.

Securities prices are extraordinarily high, considering the backdrop of flaccid economic growth. Bond prices have soared on the back of quantitative easing by the Bank of Japan, the Federal Reserve, and the European Central Bank.

Seven years later, EU output per person is no higher than it was at the start of the crisis. Meanwhile, average public debt has soared to 87 of GDP, leaving little space for policy flexibility or innovation.

The moribund Italian economy would spring to life if the euro fell by 30 , adjusted for inflation. In 1997, South Korea s economy took a nosedive, and 1998 was still difficult, but GDP soared by 11.1 in 1999.

In 2001, as our Maoist insurgency intensified and casualties soared, almost the entire royal family including King Birendra were massacred by one of Nepal s princes. The next year, parliament was dissolved and local elected bodies were disbanded.

In 1994, Iran exported 37 billion in goods by 2007, the figure had nearly doubled, to 70 billion. In roughly the same period, Iran s imports also soared, from 22 billion in 1994 to 45 billion in 2006.

For several years, Greece drew on the EU s aptly named structural funds and on loans from German and French banks to finance a wide array of highly labor intensive projects. Employment and incomes soared, and savings piled up.

Its products, from iPhones to iPads to MacBooks, have captured consumers imaginations, remade markets, and earned the company and its shareholders huge sums of money. Apple s stock capitalization has soared, and it became the first trillion dollar company.

Legal awareness in society has soared to unprecedented levels. Last week, China finally enshrined private property by passing the long awaited property rights law, in what the government called significant progress in promoting rule of law in the country.

A crucial dimension of globalization has been trade liberalization. For China, foreign trade as a percentage of GDP soared from 25 in 1989 to 66 in 2006, largely owing to its admission to the World Trade Organization in 2001.

From 2000 to 2014, global GDP more than doubled, from 31.8 trillion to over 75 trillion. Over the same period, China s nominal GDP soared from 1.2 trillion to more than 10 trillion growing at more than four times the global rate.

But then the link between the monetary base and the rate of inflation was severed. From 2005 to 2015, the monetary base soared at an annual rate of 17.8 , whereas the CPI increased at an annual rate of just 1.9 .

A crucial dimension of globalization has been trade liberalization. For China, foreign trade as a percentage of GDP soared from 25 in 1989 to 66 in 2006, largely owing to its admission to the World Trade Organization in 2001. nbsp

What matters for the amount of labor supplied is the after tax wage rate relative to income from wealth. While after tax wage rates soared for more than a century, wealth and the income it brought grew just as fast.

Elsewhere in the region capitalism, promoted by the opening of markets, triggered growth and promoted stability. Globalisation produced its own domino effect. The dominoes toppled GDP rose millions were lifted out of poverty literacy rates soared child mortality figures fell.

And when the downside risks materialized, the losses were largely socialized the primary reason why US public debt has soared in recent years. Asking shareholders and management to pay a relatively small amount is entirely fair and appropriate under these circumstances.

At the top, the incomes of the mega rich have soared, with predictable repercussions, especially in the property market. Public concern about this issue has been made much worse by claims that the rich get even richer by paying little tax.

In much of Europe, which provides stronger wage protection, unemployment has soared, especially since the euro crisis began in 2008. Germany and some Northern European countries remain an exception, although the German labor market contains a large low wage, mini jobs segment.

For starters, because relatively poor but large countries India and especially China were the engines of global growth, and were resource hungry, world oil prices soared. This redistributed global income toward countries with a higher propensity to save the oil exporting countries.

Between 1970 and 1998, its primary school enrollment rates grew to over 90 , secondary schooling soared from 32 to 75 , and university education doubled. Egypt started the period as the world s 47th poorest country it ended the period as the 48th poorest.

Indeed, living standards have been under severe pressure since Mubarak s downfall. In 2011 alone, net capital inflows fell nearly 90 year on year, tourism was down 30 , the trade deficit soared to 28 billion, and GDP growth slowed from 3.8 to 1 .

These reforms were followed by a gradual opening to the global economy, a process that accelerated in the early 1990s. Economic growth surged ahead, and returns on public investment soared, reaching an annual growth rate above 9 of GDP, shortly after the reforms were implemented.

The injuries proved minor, but the incident embodies the paradox of China s legal system over the past two decades, China has enacted hundreds of laws and elevated ruling the country according to law to ideological and constitutional prominence. Legal awareness in society has soared to unprecedented levels.

The American dollar soared, the Japanese yen went into orbit, the euro fell to earth, and the British pound crashed, leaving a giant crater. Emerging market currencies were hammered, as were commodity currencies such as the Canadian, Australian, and New Zealand dollars, and the South African rand.

Under President Barack Obama, the number of drone strikes carried out by the United States has soared, with more than 300 UAV attacks reported in Pakistan alone. In March 2011, the US Air Force for the first time trained more pilots for drones than for any other purpose.

After the terrorist attacks of September 11, 2001, Bush found his voice and the American people rallied around his presidency. Thanks to Osama Bin Laden, Bush s popularity soared, and while his ratings had diminished by the 2004 election, his war on terrorism helped him win a second term.

MUNICH After fighting for its life for the last two years, Spain s economy finally seems to have moved out of intensive care. The banking sector has been deemed cured demand for Spanish bonds has soared and the country can once again raise capital at reasonable interest rates on the market.