Word: boosting
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Democrats are hoping the campaign of Linda Chavez-Thompson, a Mexican-American activist and union leader who is running for lieutenant governor, will boost the Hispanic turnout - and White's chances. However, the presence of a Hispanic candidate high on the ballot has not proved to be the door opener for Democrats in recent Texas elections. In 2002, Perry handily beat millionaire South Texas businessman Tony Sanchez in the governor's race, 58% to 40%, even after Sanchez spent $75 million, much of it his own money, in the campaign. A Democratic Hispanic candidate for lieutenant governor lost by roughly...
...sugar giant: the company was represented by a legal firm headed in part by Crist's former chief of staff, George LeMieux, whom Crist later tapped to fill the Senate seat the Governor is now seeking after Republican Mel Martinez stepped down last year. Crist got a boost last week when state water-management officials voted to keep the crucial land deal alive...
...moment during Chinese Prime Minister Wen Jiabao's press conference on Sunday, it was easy to confuse whom he was criticizing when he denounced efforts by some countries to lower the value of their currency to boost trade...
...since mid-2008, and overseas economists say the currency may be undervalued by as much as 40%. Trade is a key component of economic growth for China, the world's largest exporter, and the government is wary of any sort of collapse that could contribute to unemployment. Efforts to boost exports, including the currency peg, helped Chinese manufacturers weather the worst of the global downturn last year and grab more market share from some competitors. Last month, Chinese exports grew 45.7% over February 2009, up from a 21% increase for January...
...pointing or even using forceful methods to compel a country to raise the value of its currency," he said. He also worried openly about the value of China's dollar-denominated assets, including $895 billion in U.S. Treasury debt. He warned the U.S. not to depreciate its currency to boost trade, as it would hurt the value of Chinese-held assets. The U.S. depends on China's Treasury purchases to fund its budget deficit, which is forecast to exceed $1.5 trillion this year. Still, U.S. lawmakers are unlikely to give much credence to Wen's statement that he doesn...