Oil prices may fall once these shocks dissipate, but speculative effects could keep them relatively high, weakening the world economy and depressing stock markets.

The yen s weakening will mean higher import costs, and therefore a higher rate of inflation. An aggressive BOJ policy of money creation could cause further weakening of the yen s exchange rate and a rise in domestic prices that is more rapid than what Abe wants.

First, with the current raw materials bonanza driving up prices of exported goods, the region is increasingly vulnerable to the so called Dutch disease, whereby higher wages and prices spread throughout the economy, weakening competitiveness, particularly in industrial markets.

Deceleration in India and China would lead to further cuts in prices for raw materials, weakening markets whose strength has underpinned Brazil s powerful trade performance in recent years.

An aggressive BOJ policy of money creation could cause further weakening of the yen s exchange rate and a rise in domestic prices that is more rapid than what Abe wants.

Indications that the US Federal Reserve might taper its quantitative easing (QE) drove investors to reduce their exposure to emerging markets, sharply weakening their currencies and causing their equity prices to tumble.

High oil and gas prices, America s self inflicted global weakening due to its misadventure in Iraq, and the rise of China and India obviously have prompted Moscow to change its foreign policy.

The Narrative Structure of Global Weakening

So any weakening of the EU in its foreign relations entails a corresponding weakening of the member states individual interests.

Oil prices are not helping. Having already surged on account of Iran related geopolitical concerns, they are altering American consumers behavior, weakening their confidence, aggravating the country s payments imbalances, and further reducing policymakers flexibility.

Declining house prices are key to the financial crisis and the outlook for the economy, because mortgage backed securities, and the derivatives based on them, are the primary assets that are weakening financial institutions.

In the process, officials are weakening the yen.

Second, and equally important, the extremist vote is weakening.

Since mid 2007, expectations regarding long term sustainability have been weakening.

But the outlook for 2007 is for weakening global economic growth.

Empowering the Iranian people means weakening Khamenei and his military allies.

The regime has lost all legitimacy, and its effectiveness is weakening.

This worked for three decades, but now the link is weakening.

It recurved toward the southwest while gradually weakening for several days.

Not allowing the necessary consolidation is weakening credit markets, not strengthening them.

It is weakening the West s leading power and strengthening the West s enemies.

Weakening Lebanon has also made it more difficult to rein in Hezbollah.

In the last decade, Uribe s government made great strides in weakening the FARC.

Accordingly, faced with a weakening global economy, they confront two basic policy choices.

Merely weakening this loop, as European officials recently advocated, could prove deeply insufficient.

A5 2 was a deliberate weakening of the algorithm for certain export regions.

Just as China s economic boom drove commodity price growth in the current cycle, so the recent weakening of prices has largely been a result of its decelerating GDP growth, from double digit annual rates in 2003 2007, and again in 2010, to roughly 7.5 this year.

But these mechanisms are weakening everywhere, and are virtually non existent in European countries.

Any weakening of these two institutions would cause severe damage to common European interests.

Meanwhile, housing in the United States is weakening again the third large global risk.

The pandemic has a great effect on youth, weakening family and social coping mechanisms.

Prices

Food prices are soaring. Oil prices are at historic highs.

One strategy for weakening ties among potential evaders is to introduce various conflicts of interests.

In turn, this risks weakening both the government s fiscal position and the economy s external account.

Our animal spirits, to borrow a phrase made famous by John Maynard Keynes, are weakening.

Amid weakening competitiveness, the rupee was propped up by increasingly unstable foreign sources of funds.

Second, there is now evidence of weakening performance in China and the rest of Asia.

The yen s weakening will mean higher import costs, and therefore a higher rate of inflation.

Ms. Patten observed that the report referred to a weakening of labour unions in Turkey.

Housing prices peaked in 2006, and equity prices peaked in 2007.

Shortages of natural gas increased fertilizer prices, pushing up food prices.

MUNICH Because China has pegged its undervalued currency, the renminbi, to the dollar, every weakening of the dollar in the wake of America s financial crisis has also meant a weakening of the renminbi vis à vis other world currencies.

These may be either the best country prices or perhaps even international prices, but they are not local farm gate prices.

This is eroding the external surplus, weakening domestic purchasing power, and causing investments to be postponed.