Word: demands
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...jobs. It promises to transform the way Australians work, play, learn and communicate over the eight years it will take to complete. Once the rest of the country catches up to Fernbrooke, Australia will be at the forefront of the digital economy, capable of delivering digital TV, video on demand, e-health and education initiatives, and a host of as yet undreamed of applications. "It will open the floodgates for entrepreneurs," says telecommunications analyst Paul Budde. "I think I'm pretty good at what I'm doing, but I never would have predicted Facebook, Skype or YouTube. The same will...
Warren Buffett said that the real estate business his company Berkshire Hathaway owns is seeing a small improvement in housing demand. The National Association of Realtors seemed to confirm his observations when it announced that the index for pending home sales went up in March. This data helped send the stock market higher as it stays true to form by rising on the most modest news...
Such uplift would be a seductive proposition at any time. As markets tumble and great institutions falter, the idea that the future can be predicted - and potentially improved by that foresight - seems irresistible. The British Astrological and Psychic Society reports demand for readings rising faster than the country's national debt. Practitioners also note a surge in first-time clients, many of them men. Ashby says her clientele used to be 80% female; "now it's about 60/40...
...again? The group's founding charter - which brims with anti-Semitism and rules out conceding any historically Palestinian land - doesn't exactly fill one with hope. On the other hand, Hamas' leader in Damascus, Khaled Mashaal, declared a couple of years ago, "I speak of a Palestinian and Arab demand for a state on 1967 borders. It is true that in reality there will be an entity or a state called Israel on the rest of Palestinian land." Ephraim Halevy, a former head of Israel's national intelligence agency, the Mossad, thinks Hamas' leaders understand that their "ideological goal...
...post-1989 boom in central and eastern Europe - when new E.U. members enjoyed average GDP growth around 5.6% per year from 2000 to 2008 - has been punctured by the current economic downturn. Many of the new E.U. countries are on a downward spiral as credit dries up, demand collapses, currencies tumble and unemployment surges. Some of the E.U.'s older members are suggesting they may have opened the doors to the club prematurely: they grumble that the new members are dragging the E.U. down further into recession. And there are calls to pull up the drawbridge on other would...