Word: demands
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Dates: during 2000-2009
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...confirm it), but if Iran pulls it off, it would solve one of the country's biggest headaches. For despite vast oil reserves and exports, Iran still imports about 130,000 bbl. of gasoline a day because its refineries are too few and too old to meet the demand at home. The Chinese deal would literally keep Iran's factories, homes and cars - in effect, a nation of 66 million people - running. (Read about Iran's campaign against foreign plots, real and imagined...
...issue. Electricity generation snapped back sharply in the second quarter, statistics show. Some analysts believe the drop late last year and early in 2009 was consistent with an economy in which heavy users of power, such as steel and aluminum factories, were slashing production is response to weakened global demand. Now, China's aggressive government spending has refired the furnaces...
...begin consuming more locally, how much will the changes in American tastes and habits affect the rest of the world? By that time, China will boast - it already boasts - a vibrant consuming economy of its own, one that will demand more and more of China's own goods. So will this be the ruin of China? Certainly not, but its growth will slow. And bringing more production to the U.S. can only help our own economy, lending it stability, bolstering the dollar and weaning down our debt...
...stimulus bill is creating opportunities for workers in health care, education and energy. The report reiterates that the economists believe the stimulus plan will create 3.5 million jobs by the end of 2010. "The various forms of fiscal stimulus are expected to provide powerful upward pressure on aggregate demand and to aid recovery," Romer's group says. (See 10 perfect jobs for the recession - and after...
...former top economist at the Federal Reserve, says the problem with the stimulus bill is that it stimulates parts of the economy - like the health-care and alternative-energy industries - that were likely to grow anyway. He believes it would have been better to spend on U.S. manufacturing, where demand is much less certain to resurface and jobs are being shed rapidly. "I don't buy the argument that you just have to give the stimulus package more time," says Reinhart. "By the test they put forward to grade the stimulus, it is failing...