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...class - an estimated 150 million people - has sunk 22% of its capital into the stock market, compared with 8% two years ago. Shanghai-based economist Andy Xie calculates that if the stock market drops by half, urban households will lose about 20% of their overall net worth, putting a dent in consumer spending. Overall, economists figure that a 50% decline in equity values might lop 1-1.5% off China's double-digit GDP-growth rate...
...first place. Chávez became visibly irritated at the summit when Spain's current Prime Minister, José Luis Rodríguez Zapatero - a socialist and Chávez ally - insisted that Latin America needs to attract more foreign capital if it's going to make a dent in its chronic, deepening poverty. Chávez blames "savage capitalism" for Latin America's gaping inequality and insists "only socialism" can fix it - hence his tirade against Aznar and other free-market "fascists." At that point Zapatero chided Chávez, reminding him that Aznar himself "was democratically elected...
...monitored. If the school closes the gaps further this year, it will be removed from the federal watch list altogether. Members of the School Committee advocate different approaches to closing achievement gap. Former committee member and candidate Marc C. McGovern argues that in order to make a significant dent, the school district has to expand access to early childhood education and address a host of other factors—like health care, nutrition, and parent involvement. Others, like committee members Patricia M. Nolan ’80 and Luc D. Schuster, have argued that schools perform better if principals...
...jabs nor Clinton's response are particularly venomous. But as Clinton continues to dominate in the polls, and the Iowa caucuses creep up on the calendar (earlier in the week the Democrats announced they'll caucus January 3rd) plenty of people believe that the only way for Obama to dent Clinton's lead is to take her on directly. "It won't be easy to upend her, but it is possible with the right kind of attack," says Larry Sabato, director of the University of Virginia's Center for Politics. "Obama and others need to point out that her polarizing...
...three-buck chuck against a UC check (or lack thereof, these days). Perhaps the occasional frivolous purchase is the price we have to pay for the most responsive and accommodating of all campus institutions. Execution can miss the mark: brain-break offerings don’t put a dent in late-night hunger, and the “ethnic”-ness of endless grilled-chicken riffs is debatable. But HUDS’ efforts to invite—and respond to—student feedback are remarkable: take cage-free eggs and fair trade bananas, for example?...