Word: demanding
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...million packages that UPS handles every day translate into about 6% of the U.S.'s gross domestic product and 2% of the world's. Consider too that the shipping giants may actually be lagging indicators. "In downturns, companies let inventories deplete before they restock," Becker says. "That means demand--and the economy overall--must go up significantly before UPS's business improves...
...likely prove to be UPS's best tool as it absorbs a major industry shift--the rapid rise of e-commerce. Residential delivery this year will account for about a third of domestic shipping, up from 20% in 1997, according to the investment bank Morgan Stanley. Meeting this new demand is vital for UPS, which generates roughly 60% of its revenue from the U.S. small-package market...
...Dubai's rulers know change is coming. No longer wowed by shopping malls with indoor ski slopes or hotels with gigantic aquariums, investors have begun to demand transparency. Last month, Barclays won the city's first foreclosure case. That could open the door to a flood of legal cases and more financial turbulence, but will also reassure investors that Dubai is learning from its mistakes. To keep attracting foreign residents with the skills to run a modern economy - and to better educate its own citizens so they can play a bigger role in that economy - the gulf's cities will...
...also the antigovernment party) benefits anyway. That might change were our political system filled with latter-day Perots, cranky independent candidates determined to punish both parties for not getting anything done. In the early 1990s, the original Perot combined an assault on the way government did business with a demand that it climb out of debt. Like the public itself, Perot believed there was a commonsense, nonideological way to cut the deficit, if only the two parties would stop bickering. His approach was simpleminded and ego-driven, but it forced both parties to make serious efforts to address the problem...
...times the cost of reducing the need for electricity through investments in efficiency. Nuclear energy is much cleaner than coal, and it provides baseload power when the wind isn't blowing and the sun isn't shining, so it sounds like a sensible way to accommodate increasing electricity demand. But it's not nearly as sensible or feasible or affordable as decreasing electricity demand altogether...