Word: costes
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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...
...February 1976, an outbreak of swine flu struck Fort Dix Army base in New Jersey, killing a 19-year-old private and infecting hundreds of soldiers. Concerned that the U.S. was on the verge of a devastating epidemic, President Gerald Ford ordered a nationwide vaccination program at a cost of $135 million (some $500 million in today's money). Within weeks, reports surfaced of people developing Guillain-Barré syndrome, a paralyzing nerve disease that can be caused by the vaccine. By April, more than 30 people had died of the condition. Facing protests, federal officials abruptly canceled the program...
...relevance and perhaps a bit of rivalry. More than 170 schools offer content free to the public on Apple's iTunes U, which originated in 2004 as a way for colleges to distribute content privately to their own students. The partnership has been a win-win: universities get a cost-cutting distribution tool, and Apple's products become must-haves on campus...
...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...