Word: dependence
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Dates: during 2000-2009
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...economics depend on what kinds of consumers bought the JetBlue pass. Historically, the period between Labor Day and Thanksgiving is slow for JetBlue and many other airlines. In this economy, business will probably be even slower. If the deal spurs new travel, and revenue, during a time when seats would otherwise remain empty, JetBlue will make out just fine. Airlines incur some extra service costs if more people pile onto a plane: about a third of the fuel costs, says Mann, depend on the number of passengers and pieces of luggage on board. But most of the major costs...
...Whether or not this happens, the landmark settlement may be a turning point for the Swiss banking sector, which can no longer depend on the promise of secrecy to draw in clients, says Stéphane Garelli, a professor of world competitiveness at the Institute of Management Development in Lausanne. "There is no doubt that this is the beginning for Swiss banks, because they now have to rely more on the professionalism and services than on some specificity of Swiss law, such as the banking secrecy," he says. "Now it is time to turn the page and to focus...
Hayden and Michael Chertoff, the former Secretary for Homeland Security, argued that unless Congress empowers the intelligence services to hire more fulltime staff, they will continue to depend heavily on contractors. Both said they had reduced the number of contractors employed by their respective agencies, but said that was to streamline operations, not a reflection of any misgivings about the use of outsiders. "It was about government inefficiency, not contractor inefficiency," said Hayden...
Obama, who is changing the conventional wisdom, who is saying that we have to have a security system that does not depend on nuclear weapons. President [Dmitri] Medvedev from Russia. Gordon Brown. These people have finally come to realize that the status quo is a recipe for self-destruction...
...pleasantly surprised, and didn't expect this before the third quarter," says Gilles Moec, a European economist for Deutsche Bank in London. "But the improvement is rather thinly spread, and not necessarily sustainable. A lot will depend on whether the positive activity in exports and consumer spending continues, which may prove difficult." (See pictures of the global financial crisis...