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...campaign promise to become "the purchasing-power President" Sarkozy has thus far been unable to do much to address the primary concern of French citizens that they need more money in the face of higher prices. Economy Minister Christine Lagarde has announced that inflation in 2008 will probably exceed 2% - higher, in any case, than the government forecast of 1.6%, due to escalating prices of oil and foodstuffs. Laws passed to allow employees and businesses to sidestep France's 35-hour workweek limitation and heed Sarkozy's call to "work more to earn more" have largely been ignored...
...current rates of logging, the natural forests of Indonesia and Burma will be gone within a decade or so. Each year the number of failing states increases - Sudan and Somalia today, perhaps Pakistan tomorrow - a trend that climate change will only worsen. Global demands on the Earth already exceed sustainable capacity by 25% - and we're set to add another 3 billion people by 2050. As Brown writes: "Civilization is in trouble...
...providing for regular war games and annual defense summits. The thaw in the long-time Sino-Indian cold war began with the 1996 visit of Chinese Premier Jiang Zemin to New Delhi. Since elevating the relationship to a "strategic partnership" in 2005, the two countries have seen bilateral trade exceed $20 billion last year, and have worked together to voice common concerns in such international forums as the WTO and the Bali climate-change talks. "Sino-India relations are definitely on an upswing," says Dipanker Banerjee, director of the Delhi-based Institute of Peace and Conflict Studies. "The army exercises...
...fear?Shaklee is once again making money. Since the charismatic businessman took over as chairman and CEO, Shaklee has been posting growth in the double digits. Barnett says he regularly strikes a golden gong on the second floor of the Pleasanton, Calif., headquarters to celebrate days when sales exceed $1 million. "It's fun to hit the gong," he says with a smile. "Sometimes we gong almost every day of the week...
...three U.S. Triple Crown races in 2003, amassing more than $2 million in prize money. But the horse was a fluke. James Oldring, industry marketing manager with the British Horseracing Authority, advises against "any false expectations or hopes" and estimates that average returns rarely exceed 25% of total investments. Syndicate members say they don't do it for the money. They invest because they have a passion for horses and want to be more deeply involved with friends and family in the spectacle of thoroughbred racing. "It's amazing how quickly the bond develops between a group of grown adults...