Word: dependables
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...product to surge 13.5% in 2009, far faster than the central government's 8% target for the national economy. Even more importantly, the thriving economy in this city of 8 million lends hope that China might be able to complete its next great economic transformation. China has come to depend too much upon exports and investment for growth. What's needed is economic rebalancing, so that domestic consumption contributes more to expansion. This transition would help not only China - it would also help to stabilize the global economy by easing China's massive trade and current-account surpluses. With American...
...York Times columnist David Brooks drew a somber line in the sand for health-care reform: “We all have to decide what we want at this moment in history, vitality or security. We can debate this or that provision, but where we come down will depend on that moral preference.” In the eyes of Brooks and a great many others, reform may very well create a more decent society—but only at the expense of economic dynamism and our oh-so-youthful American spirit...
...been nine months since Mugabe formed a coalition government with his chief rival Morgan Tsvangirai, but Harare is not yet able to provide adequate health facilities for its citizens. Most residents in the capital and its environs depend mainly on the U.N. and other international agencies. Tsitsi Singizi, a UNICEF official, says her organization is not anticipating huge deaths as was the case last year. "After it was realized that cholera was inevitable this year, there has been a lot of planning and preparing ahead of the rainy season. You cannot say with certainty but [cholera] is not likely...
...shoppers are hoping to see a repeat of 2008's eye-popping discounts, when markdowns, even on high-end fashion duds, exceeded 75% in the weeks leading up to Christmas. Although retailers are insisting that they won't resort to jaw-dropping discounts this year, what happens will ultimately depend on how much and how quickly they get consumers to start spending. And it won't be easy. (See TIME's Holiday Gift Guide...
...would all depend on the way the local town would adopt this legislation,” said Nathan T. Pham, policy director for the office of Senator Hart. “If no city and town adopts the legislation, then it won’t have any impact...