Word: benchmarks
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Dates: during 2000-2009
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...foreign automakers based in the South, who account for almost a third of all cars built in the U.S., have now become the benchmark against which the Big Three are measured. As the various aid packages were being negotiated, first on Capitol Hill and then this week on the other side of Pennsylvania Avenue, one constant condition Republicans insisted upon was Detroit getting its wages and benefits down to the levels of the so-called transplant workers in states like Alabama, Tennessee, Georgia and Mississippi. (See pictures of the remains of Detroit...
With the exchange rate hovering just below 90 yen to the dollar, and having risen to 87 on Wednesday after the U.S. cut interest rates, the Bank of Japan decided on Friday to cut its benchmark rate to 0.1%. The move was done on a near unanimous vote among policy makers. However, with its overnight rate already at 0.3%, it is unclear what such a small rate cut could achieve...
According to the Journal, the University’s new 30-year debt will command interest payments of 3.375 percent above U.S. government treasuries—a widely used benchmark for risk-free investments. That figure is approximately twice the premium Harvard paid on 30-year debt sold two years...
...agreeable to civilization. That calls for a sizable reduction from the current level, which is 385 parts ppm.Titled simply “350,” the project aims to influence policy-makers at an international climate conference in Copenhagen next December to adopt that standard as the global benchmark.“Our plan for this year is to communicate this number everywhere around the world,” McKibben said Wednesday. “We picked a number because it is simple...It travels easily across linguistic boundaries and holds politicians to one thing.”Various...
...government has done what it can to try to boost growth. The Hong Kong Monetary Authority has sliced its benchmark interest rate to 1.5%, from 6% a year ago. But economists still expect next year to be worse. Goldman Sachs predicts GDP will grow only 2.2% in 2009. In the meantime, Hong Kong's glum populous can at least take comfort in the efforts of one of the city's more esoteric groups. In mid-November, several members collected in Causeway Bay, a popular shopping and restaurant district, to offer people "free" hugs. More such sessions are planned in coming...