Word: demanding
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...effort to ease the pressure, China's economic planner, the National Development and Reform Commission, on Wednesday announced an almost 10% increase in domestic gasoline and diesel prices, calling the move an "urgent step" needed to tamp down demand and encourage refiners to ramp up production. The price hike is likely to alleviate the shortages - that is, until the next increase in global crude prices, says Gordon Kwan, a Hong Kong-based oil and gas analyst for CLSA Ltd. "When retail prices [in China] are nearly a third lower than in the rest of the world, why would producers want...
...drivers, of course, agree. "They could have at least been more patient," says Huang Youfeng, waiting in line to fuel his sedan at a Beijing gas station Thursday. "Start the increase at 0.2 renminbi [2.5 cents] per liter - it would have been more acceptable." The irony is that Chinese demand has driven much of the nearly fourfold increase in oil prices since 2000. The country is now the world's second largest consumer of oil products, and consumption has grown 8.7% annually for the past five years. That compares with only 1.5% in the rest of the world...
...Connolly, who recorded 15 saves against Brown—a potential second round opponent in the Northern Championships—has been the anchor for the defense all year. The roster, solid from top to bottom, has augmented the team’s confidence. Confidence will be in high demand if the Crimson looks to advance past the semifinals. Last year, Harvard lost to 9-4 to Brown in the semifinals of the Northern Championships. The team has a chance to redeem itself this weekend, as both teams may potentially face-off if each team wins their first-round matches...
...refusal to ratify Kyoto is largely based on the Byrd-Hagel Resolution, adopted in Congress in 1997. This resolution advised the President not to sign treaties like Kyoto that do not demand emissions limits on developing countries (like China) and that would result in harm to the U.S. economy. Both points are flawed. While it is important that developing countries are, in the future, subject to the same rigid emissions caps currently imposed upon developed nations, developed countries—the countries that historically have “caused” global warming—cannot afford to postpone action...
...always in flux.” In 2004, Harvard signed an agreement with Google to have the company digitize its holdings of books that are not restricted by copyright. Darnton said he was enthusiastic about the Google project. But he cautioned that digitization in general, and the rising demand for online resources, is requiring a big investment in time and staff. Darnton said he expects the Google project to be finished by the end of next year. —Staff writer Angela A. Sun can be reached at asun@fas.harvard.edu...