Word: fasters
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...fiscal deficits of the PIIGS are among the highest in Euroland. Their unit-labor costs have risen faster than anywhere else. So their exports can't compete; hence they run some of the largest current-account deficits. What do you do when you shovel coal and run out of fuel? You borrow - as the PIIGS have done. The markets have cast their verdict on that. Now, Greece has to borrow at twice the interest rate that German bonds fetch...
Still, it's important to put Obama's decision in broader perspective. Any new drilling may not happen for years and is likely to face lengthy legal challenges from environmentalists - as is already the case in Alaska. (Drilling might happen faster off the coast of Virginia, where Republican Governor Bob McDonnell supports oil and gas exploration.) Leases in the vast Beaufort and Chukchi seas, north of Alaska, which had been up for sale under the Bush Administration, will be withdrawn for now while the Interior Department takes another look at the environmental risks of drilling in the delicate Arctic...
Though some groups progressed faster than others—the Social Sciences division worked particularly quickly, according to members interviewed last spring—all of the groups had submitted their list of budget-saving recommendations by the end of the semester, more than two months after the original Halloween deadline...
...coach told me, ‘You’re going to go out and set the pace and try to hang on,’” Meyer explained. “I went out four or five seconds faster than I usually do in the first 500 [yards]. I could feel the difference. I was hurting pretty bad at the back end of the race...
...rivals and commentators alike. The Independent's position is so weak that carrying on with its existing strategy - offering an internationalist, liberal alternative to the right-leaning Telegraph and the more centrist Times of London - would be commercial suicide. The already small readership of the Independent is declining faster than that of its rivals: sales fell 17% in 2009, compared with the 6% to 8% drop-offs for its competitors, according to data released in January by the Audit Bureau of Circulation. (See pictures of London...