Word: dollarized
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...price hikes and steaming ahead. China grew at a shade under 9% last year and its oil consumption rose more than 15%. But due in part to its outmoded factories and lack of insulation in most buildings, China is a highly inefficient user of energy: to produce a dollar of GDP it burns two and a half times the energy that the U.S. uses, and nine times what Japan consumes. Analysts now worry that the economy is finally beginning to show the strain. "We're particularly concerned that rising energy costs will amplify the existing squeeze on corporate profit margins...
...rise again in Latin America for a reason, namely the burgeoning feeling around the region that a decade of U.S.-backed capitalist reforms has simply widened an already epic gap between rich and poor-and that the Bush Administration is indifferent to it. As Chavez uses his multi-billion-dollar oil revenues to fund the kind of social projects that Venezuela's legions of impoverished never saw from his kleptocratic predecessors-and to subsidize cheaper oil for his cash-strapped Latin neighbors-more people are willing to defend him, as most Latin leaders did last spring when Secretary of State...
...revenue will surpass U.S. revenue." That's because eBay's revenue growth is slowing in the U.S. as the market matures (last year domestic revenues grew 34% to $1.89 billion) and because its international growth has been extraordinary. eBay's gross-merchandise volume (GMV)?the total dollar value of the deals done on a given website?in Britain, France and Italy all increased 100% or more last year. Consider that in 2000, eBay's international revenue totaled $29 million. By 2004, that figure was $1 billion...
...sides of the issue--from doctors, hospital administrators and insurance executives to patient advocates, politicians and even trial lawyers--it may actually be a step in the right direction. Since many of these players believe malpractice lawsuits are motivated as much by feelings of frustration as by the almighty dollar, in their view, honesty may indeed be the best policy...
Lohan may have a multimillion-dollar career, but at least I can shake a little tail feather without it ending up on Page...