Word: aircrafting
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...more than 81 million life-insurance policies, with a face value of $1.9 trillion. It covers roughly 180,000 small businesses and other corporate entities, which employ approximately 106 million people. That makes AIG America's largest life and health insurer; second largest in property and casualty. Through its aircraft-leasing subsidiary, AIG owns more than 950 airline jets. Just for good measure, AIG is a huge provider of insurance to U.S. municipalities, pension funds and other public and private bodies through guaranteed investment contracts and other products that protect participants in 401(k) plans. "We have no choice...
...Among other effects, it could lead to mass redemptions of insurance policies, which would theoretically destabilize the industry; the withdrawal of $12 billion to $15 billion in U.S. consumer lending in a credit-short universe; and even damage airframe maker Boeing and jet-engine maker GE, since AIG's aircraft-leasing unit buys more jets than anyone else...
...intelligence gathered would be useful in a future showdown. Because U.S. aircraft carriers would play a vital role in any clash with China over Taiwan, being able to bottle up Chinese subs at their base - and measuring the range from their base within which U.S. technology could be used to hunt them before they escape into the open sea, where they would be much more difficult to detect - are key U.S. intelligence goals. The data collected by vessels like the Impeccable, along with detailed maps of the ocean floor near the Chinese base that would guide U.S. sub hunters...
...sure, the boom - years of 5% growth and soaring exports - is over. Industrial production has plunged. Even Embraer, the aircraft maker whose jets sell to scores of airlines, and which has become a symbol of Brazil's newfound confidence, recently announced plans to lay off 4,000 employees, almost one-fifth of its workforce. Commodity exports - soybeans, steel - are weak. The main stock market is down 25% since September. But Lula, a former shoe-shine boy who heads the leftist Workers Party (PT), has so far kept the good times from becoming a hellish bust. In Brazil, that's nothing...
...interests. In a dramatic turn of events, Mexico’s drug war seems to be spilling over into Arizona. Recent Mexican-linked abductions in Phoenix are clear examples of the consequences of failing to stabilize the region. Reuters reported that Washington has pledged to give Mexico helicopters, surveillance aircraft, inspection equipment and police training under a $1.4 billion plan to beat the cartels in Mexico and Central America. Such supportive acts are the type that Latin America needs. America should not wait to intercede in Latin American affairs until it directly affects the United States...