Word: factful
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...right, but selling a European-style VAT to Americans is a bit like selling snake poison and would likely mean political suicide for any of its supporters. That said, there's no hiding the fact that the ratio of public debt to GDP is expected to balloon from...
...Washington ponders its taxation options, it might also wish to cast its gaze toward the NYSE and Nasdaq, whose companies add very little to the public till. In fact, their contribution as a percentage of GDP ranks in the bottom quartile among OECD nations' figures...
...that's not to say a hung Parliament itself wouldn't hit the pound hard. Long viewed as almost certain winners of an election expected in May, the Conservatives have squandered their double-digit lead in recent weeks. In fact, in a YouGov poll published in Britain's Sunday Times on Feb. 28, the Tories' margin over the governing Labour Party had diminished to just two percentage points, raising the specter of no party winning absolute control of Parliament. The problem: Britain has had little practice at coalition government in recent years. Its last attempt - more than 30 years...
...Lusitania and the Titanic are often thought of as sister vessels; they in fact belonged to two separate owners, but the error is understandable. Both ships were huge: the Titanic was carrying 2,207 passengers and crew on the night it went down; the Lusitania had 1,949. The mortality figures were even closer, with a 68.7% death rate aboard the Titanic and 67.3% for the Lusitania. What's more, the ships sank just three years apart - the Titanic was claimed by an iceberg on April 14, 1912, and the Lusitania by a German U-Boat...
...rescue efforts continued in the devastated area around Chile's second largest city, Concepción, Chile's President said the government would investigate whether a crucial tsunami-warning system failed to alert residents to the fact that they were in the path of an incoming giant wave. In an interview with TIME at Chile's Squadron 10 air force base outside Santiago, where hundreds of troops waited to be shipped to Concepción to combat looting and social unrest, President Michelle Bachelet described how in the hours after the quake, a breakdown in communication in the region...