It's very hot here.

The price of grain, all over Europe was high, as was the population.

Expectations around the world have again, as in 1946 been exceptionally high.

While energy prices remain high by historical standards, Gazprom now operates at a loss.

Instability has the potential to keep oil prices high, benefiting the Iranian economy.

Sterilized foreign exchange intervention keeps domestic interest rates high and feeds the inflows.

Of course, it is not just oil prices that are high, but all commodity prices, from metals to food to lumber.

And, given rising global demand for oil, particularly in developing countries, energy import prices will remain high.

But, even after disinflation in the mid 1980 s, long term interest rates remained relatively high.

This is a most positive initiative at a time of high and volatile energy prices and insecure supplies.

Moreover, we are now experiencing a fundamental change in expectations about oil prices not only are today s prices quite high in real terms by historical standards, but the futures markets indicate that prices are expected to remain high for years to come.

Partly, they're pumping money in because commodity prices are high, but it's not just that. There's also a range of new discoveries.

Hence, real long term rates remained quite high in the mid 1980 s.

The combination of loose fiscal policy and tight monetary policy will mean high interest rates, sluggish investment, and slow growth.

Commodity prices were high, benefiting African and Latin American countries in particular, and external finance was plentiful and cheap.

Inflation is increasing beyond what can be explained by rising commodity and food prices, while credit growth and some asset prices are starting to look high relative to historical standards.

If interest rates on US Treasury securities were high and rising rapidly as the debt grew, I would agree with this argument.

Moreover, because profits are high in Europe, likely future increases in real interest rates needed to ensure price stability easily can be financed out of profits without economic disruption. The truth of the matter is that interest rates both nominal and real are too low in Europe, not too high.

Interest rate spreads for Italy and Spain are widening again, while borrowing costs for Portugal and Greece remained high all along.

For most of 2005, Americans behaved as if they didn t really believe that oil prices would remain high, at least for a while.

Rising oil prices, unforeseen tsunami related expenditures and revenue shortfalls in the tourism sector are creating significant fiscal pressures at alarmingly high levels.

As a result, Europe will remain a net energy importer. And, given rising global demand for oil, particularly in developing countries, energy import prices will remain high.

Near zero policy rates encourage carry trades debt financed investment in higher yielding risky assets such as longer term government and private bonds, equities, commodities and currencies of countries with high interest rates.

Prices are high.

But if market nervousness persists and interest rates remain high relative to rates for secure German debt, the debt burden will rapidly become unsustainable.

Hedge funds have borrowed hundreds of billions of dollars at ultra low interest rate in Japan, and invested the proceeds in countries like Brazil and Turkey, where interest rates are high.

But what it immediately did was that the volatility that had been present in terms of our economic development where, even if oil prices were high, we would grow very fast.

Global capital markets would recognize that a country with high unemployment might choose to pursue an inflationary policy or a policy or exchange rate depreciation.

The need to finance the external deficit and to avoid excessive depreciation (and even higher inflation) calls for raising policy rates or keeping them on hold at high levels.

So products were developed that allowed investors to borrow easily in several currencies at once and invest in a portfolio of high interest rate currencies.

However, it is argued that such benefits are realized only in middle class jobs, whose entry barriers are too high for most workers with below average earnings.

I mean, folic acid, iron tablets very cheap, affordable cures exist to control anemia.

And, with slow growth, subdued inflation, near zero short term interest rates, and more QE, longer term interest rates in most advanced economies remain low (with the exception of the eurozone periphery, where sovereign risk remains relatively high).

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

Now it is essentially sustained by a Ponzi scheme, with the Fed s policy of quantitative easing keeping the price of Treasuries artificially high.

However, the Committee is very concerned that despite decreases in the infant mortality rate, under five mortality rate and maternal mortality rate, these rates remain very high.

Is this extraordinary situation stable? In the very near term, certainly indeed, interest rates could still fall further.

His Government found it unfortunate that assessed contributions were so high that it was forced to pay them to the detriment of voluntary contributions to United Nations funds and programmes.

Development costs have to be passed on in drug prices, which may be exceptionally high when a drug benefits only a relatively small number of patients.

The level of Greek interest rates shows that markets believe that Greece will default very soon.

Fredrick the Great of Prussia was very, very keen for the Germans to adopt the potato and to eat it, because he realized that if you had two sources of carbohydrate, wheat and potatoes, you get less price volatility in bread.

Unemployment and poverty rates are very high.

Eurozone countries grew at a reasonably high rate, per capita income and price levels converged, and interest rate spreads narrowed, with only occasional minor turmoil in the markets.

In Brazil, low savings and various institutional impediments keep interest rates high and investment low, while the educational system does not serve significant parts of the population well.

Given that investment banks can only attain high rates of return in a world with volatile asset prices and short term performance goals, companies pressure their managers to follow suit.