Word: forecasters
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...days and several NFL lifetimes ago, could have forecast the Pats' meteoric rise to football stardom, save perhaps the looney in the Steve Grogan-autographed jersey out in Foxboro or Fall River or somewhere else within range of the "Hub's" almighty...
...economy delivered an outpouring of good cheer as the Christmas shopping season got into full swing. The economy created a whopping 350,000 new jobs in November, far exceeding the forecast of economists and dropping the unemployment rate .2%, to a four-year low of 5.6%. The new jobs helped boost the Conference Board's index of consumer confidence in November to its highest level in four years; the personal income of Americans grew a healthy 1.4%. Measures of consumer spending and manufacturing strength also surged. About the only dissonant note was the likelihood that all the good news will...
Those craving sun can, also, expect only colder days. Meteorologists forecast that temperatures will average in the 20s over the next few months, according to Ron S. Horwood of the National Weather Service. January and February should see 40 inches of snow...
Finally, those who dismiss Syria's potential to wage war alone against Israel miscalculate; past conflicts are a poor forecast of future battles. In this case, Israeli civilians would face a new threat: a missile attack far harsher than the limited Scud barrage Iraq launched at Tel Aviv during the Gulf War. Syria already possesses the most advanced strategic-weapons capability in the Arab world, and its chemical, biological and ballistic missile programs are proceeding on a crash basis even as Damascus talks peace. A battle utilizing weapons of mass destruction would invariably provoke a punishing Israeli counterstrike, possibly with...
What then explains a renewed romance with renewable energy among governments and corporations, especially since oil remains relatively cheap? Shell International Petroleum in London, which forecast the oil shocks of the 1970s, predicts that renewable power, particularly solar, will dominate world energy production by 2050. Japan's electronics giant Canon has formed a joint venture with Michigan's Energy Conversion Devices to commercialize solar technology. Enron, Germany's Siemens and scores of other companies, including aerospace firms, engineering giants and utilities, are also exploring opportunities to plug into the renewable-energy business. Is this collective corporate madness? Perhaps...