Word: davids
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...everyone sees the program as a win-win. Economist David Rosenberg at Toronto investment firm Gluskin Sheff worries that today's sales boost could lead to tomorrow's sales slump. He likens the current cash-for-clunker boost to the 0% financing that automakers introduced in the aftermath of the 9/11 attacks in 2001. As a result of those incentives, motor-vehicle sales perked up and the economy got a nice boost. "But what all these gimmicks do is bring forward consumption - they don't create anything more than a brief spending splurge at the expense of future performance," Rosenberg...
...These results show that TV-viewing really is the worst of all possible sedentary activities," says Dr. David Ludwig, director of the Optimal Weight for Life Program at Children's Hospital Boston, who was not part of the study. The American Academy of Pediatrics recommends that children under 2 should not watch any television and that older children limit their viewing to one to two hours...
...apparent aversion to big birthday parties. The 16th President never celebrated his birthday in the White House, according to Lincoln biographer Emanuel Hertz. Obama, likewise, is ringing in his 48th on Aug. 4 with a decided lack of pomp. He dined, hooped and - ahem - bowled with friends at Camp David over the weekend, but he's spending the big day itself on the job, having lunch with Senate Democrats to discuss his Administration's accomplishments and goals. (No word on whether there will be cake.) Sure, it sounds like a snooze, but throwing a top-notch fete is a tall...
...sort of talks the Obama Administration is hoping to see in the near future. For many, the priority is to rebuild Fatah, which requires that the movement return to the kind of politics that can challenge Hamas for the mantle of resistance. Since the failure of the Camp David talks in 2000, successive Israeli elections have shown the voters moving steadily away from support for the peace process envisaged in the Oslo Agreements. So, too, have Palestinian exercises in democracy, and the Fatah conference is unlikely to buck the trend...
...Labour Party faces a general election in the coming year against a Conservative opposition bolstered by public discontent over the Iraq war, has indicated that his government will search for a diplomatic solution to the conflict. At a speech at NATO headquarters in Brussels on July 27, Foreign Secretary David Milliband urged military commanders to open negotiations with midlevel Taliban leaders in order "to separate hard-line ideologues who are essentially irreconcilable and violent from those who can be drawn into a domestic political process." (Watch a TIME video with Gordon Brown...