Not bad for a magazine that launched last June with a rate base of 400, 000.
Subscription revenue also declined at the domestic edition in 2009 due to the rate base reduction.
Forbes has exceeded the US (900, 000) readership circulation with a rate base of over million internationally.
However, the new management team was unfazed as they believed a smaller rate base would be more cost efficient.
In February 2009, Newsweek announced a circulation rate base reduction at its domestic edition, from 2.6 million to 1.5 million, by January 2010.
And he's trying to get the magazine biz to adopt new audience measurement metrics, arguing that the guaranteed rate base based on paid circulation is outdated.
Back in 2007, if Newsweek management would have simply kept its cool, made some adjustments to the size of the rate base, ad prices and minor editorial adjustments, the magazine would be a lot smaller, but would be just fine today.
Last month, Bank of Ireland was criticised for increasing the interest rate on its Base Rate Tracker mortgages, despite the official rate remaining at 0.5%.
Mark Harris, chief executive of mortgage broker SPF Private Clients, explained that most mortgages track a lender's standard variable rate, or the base rate, so most are not directly affected by Libor.
By looking at changes in the rate, base and structure of the tax since it was introduced in 1916, the two economists tried to gauge whether these changes have affected the size of reported taxable estates.
Initially the informal process of getting a Libor rate was established specifically as a solution for getting a base rate on syndicated loans.
FORBES: Libor Trap: Banks Want Out But Regulators Won't Let Them Leave
Ray Boulger, at mortgage brokers John Charcol, estimated that in the past 10 years, at any one time only about 250, 000 UK residential mortgages would have had a home loan linked to the Libor rate, rather than the Bank of England's base rate.
There is a well-established relationship, called the McCallum Rule, between the growth rate of the monetary base and the growth rate of NGDP.
FORBES: This Economic Recovery Is Surely Different: It's FUBAR*
Floating-rate mortgages last year reduced many borrowers' payment burden as the Bank of England dropped its base rate to 0.5% and lenders adjusted their standard variable rates downward in response.
But the three-month interbank rate soared, reaching 6% by the end of March, and credit conditions have accordingly tightened despite the lower base rate.
Following this argument, India's growth rate is higher because the base on which the rate is calculated is narrower.
In other words, Larkin had posted an impressive 83.11% success rate as a base stealer.
Some customers pay as much as 25%, more than six times the base rate.
The index is measured from a base rate of 100 when it was first recorded in 1996.
The base rate in Poland stands at 6.00% and was last raised a quarter percentage point in May.
Part of the explanation is that the "base rate" set by the central bank in Malawi is high.
Interest rates are quite low but so is inflation: in real terms the base rate is around 3%.
ECONOMIST: Labour could be hurt if interest rates rise this spring
And in any case the ultra-low central-bank base rate will eventually have to rise, pushing up borrowing costs.
But borrowers beware: a further rise in the base rate, taking it to 6.0%, still seems highly likely.
But if the base rate were to stay at 5.25%, inflation would be below the target in early 2010.
Despite the Bank of England base rate remaining at 0.5%, Bank of Ireland is almost doubling its tracker rate.
BBC: Bank of Ireland: Andrew Tyrie writes to FSA over rate rise
The Bank kept its base rate at 5% this week, but it will be looking to cut before long.
Although the base rate of interest is 4.5%, most credit cards charge upwards of 40%, plus an annual fee.
Italy has just had to pay 597 basis points (ie, 5.97%) above base rate in order to sell its bonds.
FORBES: Hungary's Successful, Italy's Unsuccessful Bond Issues Today
Indeed, if the base rate were held unchanged at 5.75%, inflation would fall to around 1.75% in two years' time.
ECONOMIST: Economic troubles: When the credit dries up | The
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