Word: demand
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...China, where industrial production rose 8.3% year-on-year in March, retail sales surged 15.9% in the first quarter, and investment in fixed assets jumped 28.6% in March after rising 26.5% in February. But it's difficult to see how Asia can return to real growth with export demand dead in the U.S. and Europe - and no one expects a resurrection there anytime soon...
...Demand for new products is staggering. By the time French beauty giant Lancôme officially launched its new $34 battery-powered mascara wand--with 7,000 oscillations per minute to thoroughly coat each lash--in October, the waiting list for it was 32,000 customers...
Mexico's recognition that it has to reform its law-enforcement system coincides with a belated U.S. confession. An insatiable demand for drugs north of the border, the Obama Administration concedes, together with rampant smuggling of guns and laundered drug profits into Mexico, is just as responsible for the crisis. Obama is sending 500 new federal agents to the border this year to snare more weapons and money moving south, and last week he appointed a border-policy czar, former federal prosecutor Alan Bersin. The U.S. Administration also intends to put more emphasis on reducing demand by expanding programs like...
...smart control panels and thermostats that will help manage electrical loads and reduce energy use during peak periods. (One of the biggest potential benefits of the smart grid is the ability to manage the electrical load; today utilities need to have enough capacity to meet rare days of peak demand, but if a smart grid could smooth out those peaks, it might reduce the need for new power plants.) "We invested a lot in this technology," says Lewis Hay, CEO of FPL. "We're going to make it happen first...
...prize to the journalism community and the New York Times in general.” But Blier insisted that the award rightfully honors Cotter’s contributions to the art world. “It says that the arts he covers are worthy of and indeed demand a sort of intellectual rigor and a provocative in-depth analysis that he brings to bear on them,” she said...