Word: currented
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Such efforts will take years to bear fruit, however time the global economy may not be able to afford. Economists agree that China and the United States must alleviate the imbalances that contributed to the current crisis if the world economy is to find renewed, and healthier, growth. China saves too much and spends too little, leading to giant surpluses and hard currency reserves, while the U.S. saves too little and spends too much, creating giant deficits and debt. Unless China can transform its citizens from savers to spenders, the reform of the entire world economic system could suffer...
...since the days of the so-called red threat. Not only are two of its members - Vietnam and Laos - socialist countries, but the regional bloc has transformed itself from an impoverished backwater to a key member of the global economy. Indeed, ASEAN's 600 million citizens have weathered the current global financial crisis far better than the citizenry of many other regions. Indonesia, for instance, is predicting upwards of 4% growth this year. (See Barack Obama's family tree...
...which both candidates eschewed. However, Khazei highlighted the personal wealth that Pagliuca, co-owner of the Boston Celtics and managing partner at private equity firm Bain Capital, was pouring into the race. Besides that, the two largely agreed on issues such as immigration reform and the current health care bill...
...profile aide to President Obama will soon be managing the public face of his Administration. Dan Pfeiffer was named the next White House communications director on Nov. 10, following the announcement that current communications chief Anita Dunn will step down by the end of the year. At 33, Pfeiffer has already worked for half-a-dozen prominent Democrats. He will be Obama's third communications director, following Ellen Moran (now a Commerce Department official) and Dunn. Though not a familiar name or face, Pfeiffer has been an important presence in Obama's inner circle since the early days...
...Married fellow Democratic operative Sarah Feinberg in 2006. Pfeiffer met Feinberg, a former longtime aide to current White House Chief of Staff Rahm Emanuel, in 2000, when both worked on Gore's presidential campaign. They started dating while working for Sen. Johnson in 2002 (Read "Polarized News? The Media's Moderate Bias...