Word: coste
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Dates: during 2000-2009
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...first things that accompany news of dangerous flu viruses is an economic evaluation of the effects of a pandemic. In a recent article, Reuters pointed out in 2008 that the IMF said a flu pandemic could cost $3 trillion and cause a 5% drop in global GDP. In other words, it would almost certainly turn the current deep recession into a worldwide depression. (See pictures of the global financial crisis...
...long ordeal for active and retired auto workers, and a time of great uncertainty," said UAW President Ron Gettelfinger. The deal was reached, Gettelfinger said, "in the face incredibly trying circumstances." Italy's Fiat, currently in negotiations over a possible association with Chrysler, has also demanded significant labor cost savings as a prerequisite to any deal. (Read a 2-min. bio of Obama's car guru...
...Wyoming?s Teton County, home to Jackson Hole resort, the search and rescue crew works in conjunction with the county sheriff. Each year, they conduct an average of 70 rescues, according to Doug Meyer, the area's SAR coordinator. And even though most of the rescuers are volunteers, costs can still add up for equipment and resources - such as leasing a helicopter, and maintaining ropes and radios. "We only get back about 20% of that cost," Meyer estimates. They do charge for helicopter flight time, which runs at about $1,600 per hour, but there is no strict enforcement...
...negligence. Going hiking in the early evening and then getting lost in the dark without a flashlight is considered distinct from an accident such as slipping and breaking your leg, says Colonel Martin Garabedian, chief of law enforcement for New Hampshire's Fish & Game Department. He estimates that rescues cost anywhere from $120 to more than $50,000. Annually, he oversees about 150 rescue missions, a figure that has remained steady for years. "What has changed is the cost of doing business - training, equipment, paying officers," he explains. Has the legislation made a difference? "We really won't know until...
...patroller, thinks that while having to foot the bill may deter some people in real need from seeking help, it could prevent others from crying wolf too. "You'd probably get a lot fewer calls for sprained knees and hang nails," he jokes, but wonders at what cost. "It's a double-edged sword," he says...