But faced with the growing likelihood of recession in Europe and the U. S., the RBA's cycle of tightening policy is almost certainly over, and with it the Aussie dollar's long run above parity.

但面临欧洲和美国再次陷入衰退的可能性与日俱增，澳大利亚央行几乎肯定要结束紧缩政策周期，澳元兑美元汇率长期在平价上方波动的趋势也将结束。

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The IRONY is that U. S. film executives are flocking east just as the noose is tightening on free expression there.

讽刺的是美国电影公司的管理层正在向东方聚集，就像对自由表达的套索在那里收紧一样。

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These factors will weigh on U. S. and EM growth despite delayed fiscal and monetary tightening.

虽然这些因素推迟了财政和货币紧缩政策的实施时间，但将阻碍美国和新兴市场的经济增长。

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Ford also didn't flinch when the Federal Reserve's anti-inflation tightening plunged the U.S. into its worst economic downturn since the 1930s. (Sadly, the gains against inflation--the rate had fallen almost three-fourths by the time Ford left office--were lost, and then some, under President Jimmy Carter.) And, unlike the current White House occupant, President Ford readily used his veto pen on excessive spending bills and other legislation he thought harmful.

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For the U.K., deep into belt-tightening austerity, the 2012 figures are 6.9%, 8.2%, and 15.1%.

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While other U.S. pharmacies struggle with tightening payments from Washington, cash-strapped states and penny-pinching insurance companies, Wasson, 53, and Pessina, 71, hope to sidestep an era of growing government controls to capitalize on emerging markets with fattening pocketbooks, countries looking to access safe and effective medicines.

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