Word: alongism
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...company's chopstick-optional culinary formula, combined with an upscale ambiance and prime locations, has resonated well with customers and investors since the company went public in 1998. There are now 194 bistros in 39 U.S. states, along with 164 outlets of its more casual line of restaurants, Pei Wei Asian Diner, which launched in 2000. But as with many restaurant chains, the recession slowed the pace of expansion after consumers started ordering cheaper dishes and cooking for themselves at home. The stock fell to an eight-year low of $15 in November 2008 (it has since rebounded to roughly...
...neighbor Guinevere Kirk, a nurse, is also firmly opposed to NAMA. Along with the rest of Ireland's public-sector workforce, she faces a probable wage cut in December when public spending is expected to be slashed in the budget in a bid to reduce Ireland's gaping deficit. "No one even knows if [NAMA] will work because it's never been done before," she says. "All I know is that it won't be the developers or bankers who'll be feeling the pain if it all goes wrong." (Read "Ireland's Economy: Celtic Crunch Time...
...much shining in their own lives, and voted the BJP out. The unacknowledged reality was that the farms hadn't yet joined in India's economic boom. While GDP grew on average 5.7% a year between the launch of India's market reforms in 1991 and 2004, agriculture slumped along at just 2.9%. Indian farming had also become miserably inefficient. Each hectare of cultivated land in India produces half that grown in Thailand. "The government thought that after liberalization, agriculture would grow automatically, that money would go from industry" to the farms, says Shreenivas Khandewale, director of the R.S. Ruikar...
...career diplomat who gained the Matignon without ever having run for office. Short, petulant and sparking with excessive energy, Sarkozy marched to the Elysée Palace by winning an election, using old-fashioned political grunt work and his Cabinet posts to establish a reputation for delivering results. Along the way, the two men's conflicting styles and rival aspirations turned them into bitter enemies. Now, two years after Sarkozy won a sometimes vicious scrap to become the conservative presidential candidate, they are facing off again...
...special report is also a collaboration with Maria Shriver, who has overseen a wide-ranging study called The Shriver Report: A Woman's Nation Changes Everything along with the Center for American Progress, and who will also be revealing some exclusive findings from our poll on Meet the Press on Oct. 18. Maria, the First Lady of California and an irresistible force in her own right, also oversees California's annual Women's Conference, one of the nation's premier forums for women to come together to discuss vital issues. Held on Oct. 26-27, this year's conference will...