Word: compact
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...reduction policy," says Yao Jie, deputy secretary general of China Association of Automobile Manufacturers. While domestic brands accounted for 26% of the market last year, their share climbed to 30% in January, Yao says. Chery Automobile Co, the highest-selling Chinese automaker and manufacturer of the popular QQ compact, says it expects to increase sales by 18% this year...
Nowhere does it stretch further than in the Casco Viejo, Panama City's quaint, compact, colonial-era Old Town. Dating from the early-16th century and surrounded on three sides by the Pacific, the Casco - as it is affectionately known by locals - was named a UNESCO World Heritage Site in 1997 and served as the backdrop for much of the action in the latest James Bond film Quantum of Solace. The Casco's appeal is clear: grand cathedrals, fountain-filled plazas, timeworn cobblestone streets, even a bullet-scarred Presidential palace, which was attacked during the 1989 U.S. invasion...
...million Intervale development still looks a bit out of place on its street. As Biberman leads a tour through freshly painted hallways, she points to the artistic tile work in the floors - sold by a New Jersey company looking to recycle leftover tiles - as well as the compact fluorescent bulbs that illuminate the building's lobby. Green, she says, is more than just a matter of energy efficiency - it also means livability and creating a better community for the families moving into Intervale, 30% of whom will be coming from homeless shelters. "It can mean beauty too," she says, pointing...
...Compact Summers' immediate task is to convince skeptical Senators that shelling out nearly $1 trillion over two years isn't another exercise in traditional pork-barrel spending but a vital step needed to save jobs and invest in the future. Some Republicans call the current plan wasteful; free-spending Democrats long for more investments over years, not months. Summers argues that the stimulus bill splits the difference: not only will most of the money go to reviving the economy in the next 18 months, but much of it will also go to projects that could save money over the long...
...reform Social Security and Medicare, the two entitlement programs that, even before the economy collapsed, were threatening the Treasury with bankruptcy. By any standard, it is a massive three-month agenda fraught with political risk. The key to getting it all done, Summers says, is entering into a "compact" with the country "that this isn't just government as usual throwing money at things." When Obama unveils his annual budget in late February or March, Summers promises that the President "is going to describe the kinds of approaches he wants to take to the entitlement problems that have been ignored...