David Greenlaw, AMD's director of process integration, calls Soitec's technology one of the most valuable patents of the 1990s.

FORBES: Magazine Article

Areas particularly badly affected were the Stow to Lauder route, roads from Longformacus and Cranshaws to Gifford and links between Kelso and Greenlaw, Morebattle and Yetholm.

BBC: Ice and snow warning for drivers across Scotland

Mr Greenlaw says the closest precedent was in 1968, when individual, corporate, excise and payroll taxes collectively rose by the equivalent of 3.1% of GDP, mostly to pay for the Vietnam war and to damp down inflation.

ECONOMIST: Fiscal policy: Cliff-diving | The

On February 22, 2013, Frederic Mishkin, Peter Hooper, James Hamilton and David Greenlaw published Crunch Time: Fiscal Crises and the Role of Monetary Policy, an 86-page paper that predicts the Fed will stare down the barrel of a few hundred billion dollars of losses when interest rates rise.

FORBES: Experts Agree The Fed's In Big Trouble