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...claim, as does Business Secretary Lord Peter Mandelson, who twice met Seif this year. British officials must hope the brouhaha blows over soon. Because Libya's oil is light and low in sulfur, it is prized for being among the easiest to refine. And since Libya has nearly 44 billion bbl. of proven reserves, Western capitals have little intention of freezing out Gaddafi again...
...Cash for Clunkers program rumbled to a halt after less than a month because of unexpectedly high demand. Buyers shed nearly 700,000 vehicles to claim government rebates on more-efficient models. Dealers complained that Uncle Sam was slow with payments, but consumers embraced the program, whose $1 billion budget was tripled by Congress after sales soared. Washington crowed that the effort created or saved 42,000 jobs. The bad news for Detroit? The three most popular models were Japanese...
TOTAL SPENT $2.9 billion...
...further from the truth. There's still a lot of activity and excitement left in the city. Even during the worst recession in decades, Las Vegas is projected to host about 36 million visitors in 2009. In the past year, Las Vegas has had more than $13 billion of new business development as well as major projects that are set to open in the next few months. Like many cities, Las Vegas has felt the impact of the economic downturn. However, investors still have confidence in Las Vegas, and the long-term future of our city is bright. Oscar...
...raft of cost-saving measures the ever-so-wise college administration has implemented in order to slice a few million dollars out of what was apparently a bloated operating budget. These cuts come in the face of—and this is just ballpark, folks—about 10 billion lost dollars in our endowment (summary of the budget fiasco thus far: salaried administrators 1, wage-earning Harvard employees 0). Recently, the powers that be realized the silliness of their proposed changes in the shuttle schedules and repented. Why can’t they do the same for hot breakfast...