For a while, Deutsche Telekom rode the wave up, and its shares soared to more than euro100 from a float price of euro14.32.
The difficulty is that after a decade of a tight peg, China's banks, firms and politicians are terrified of the uncertainty of a float.
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At one point during the parade broadcast, Storm added a personal note as a float honoring the parade's president -- a nurse -- passed by.
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Many people use a float to wind down or to get over jet-lag -- as a deeply relaxing float has much in common with a deep sleep.
Therefore, I believe that gold offers protection from central bank currency debasement and that adding a float shrink strategy can help diversify your portfolio and give you exposure to the substantial corporate profit distributions through buybacks.
In April a float in a Sikh parade in Surrey, a Vancouver suburb, included in a display of Sikh martyrs and saints a photograph of Talwinder Parmar, the assumed mastermind (now dead) of the Air India attack.
Media accounts of the incident said the man confessed that he was visiting Yangon on a tourist visa and was staying at a hotel when he swam through the lake using a 5-liter water bottle, presumably to use as a float.
Before going out on the water, boaters can minimize the risk of accident or injury by taking a boating safety course, performing a vessel safety check, filing a float plan with a friend or family member prior to departure, and carefully assessing weather conditions.
You can also do something similar in the music app: the press of a button will float a "now playing" widget (which can be switched to playlist view as well) above your other programs.
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Each of four local communities Kita-machi, Higashi-machi, Nishi-machi and Hom-machi creates a parade float that serves at once as a space to worship a deity and as a multi-level puppet theatre.
And, given the risk that Denmark might in future give its currency a freer float, its interest rates are a percentage point higher than those for the euro, even though Danish consumer-price inflation has recently been lower than that in the euro area.
Given this timidity, China could replicate much of the flexibility of a managed float by shifting the yuan's peg from the dollar to a basket of currencies, at the same time widening the band within which the yuan can fluctuate, say to 10% above or below the peg.
ECONOMIST: China should loosen its currency peg��and quickly
But the view from a parade float makes it clear why it all happens.
The result is a play whose wisecracks float atop a roiling current of anger and despair.
After going public 18 months ago with a small float, Hornbeck found its lack of liquidity dismayed institutional buyers.
From that month until July 2008, Beijing permitted a managed float against an undisclosed basket of currencies.
Typically, a small float causes stocks to fluctuate more when news is disseminated.
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Its policy is to favour a free float, which is shorthand for letting the market set the value of the Australian dollar.
Soft-spoken but no-nonsense, she oversaw the subsequent transition of the ringgit to a managed float in 2005 and the gradual relaxation of foreign exchange rules.
Like Buffett, whom Watsa admires, Watsa built his financial empire around a solid insurance business, which provided him with a growing float to invest.
But it is unlikely to allow a free float until it has reformed its banking sector, which is laden with bad loans (see article).
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Iran's exchange rate, set by a managed float, makes exporting difficult.
Another director of BGC, Andrew Teo, who has sat in on the interview, chips in to say that a public float and stock exchange listing is possible.
"Pinch a cup of porridge oats from the breakfast buffet, tie it up in a sock, float the sock in a hot water, then use as a puff to massage your body, " Coombe added.
Next time you are outside, cowering under a parka, your toes going numb, imagine strutting in a bathing suit with those toes in the sand, along warm, bright blue waters beckoning you to take a relaxing float.
And there are plenty of variations on the theme: A version of the Levitron called "Floating Ideas" gives you a base over which you can float a variety of objects, including models of the space shuttle, a VW Beetle and a picture frame.
Personally, I have my eye on an even smaller jet, the rumored single-engine, four-seat pocket-rocket from Cirrus Design. (If the one engine fails, pull a lever and a parachute will float you and the plane to a soft landing.) One of the two brothers who founded Cirrus told me the Cirrus jet would go 300 knots, or 345 miles per hour.
If your tie has a tendency to float to the left or the right, a buttoned jacket will help center and anchor it.
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