Word: fuel
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...this puts Obama-supporting Muslims in a tight spot. As the election draws near, many have adopted a “wait-and-see” policy: They hold off on doing anything that might provide more fuel for his detractors, yet secretly hope for his acknowledgement. “A lot of us are waiting for him to say that there’s nothing wrong with being a Muslim,” admitted Rep. Keith Ellison, the country’s first Muslim congressman, in July...
Retail purchases fuel half of American consumer spending, which stimulates the country's economic growth. In the past, consumer spending has comprised as much as two-thirds of the gross national product. "Retail sales is the most important number because it doesn't gauge reactions, but gauges what consumers are doing and it's a good indicator of actual spending," says Michael Englund, chief economist for Action Economics, a bond and currency market consulting firm. "The good news for households is that food and energy prices are falling, although some might see this as a weakness in demand...
...economic health, flowing again. Both of those plans are to be funded by the $700 billion rescue package Congress recently approved. The stimulus would be the second such bill this year, following a $160 billion economic package that gave tax rebates of up to $600 per adult to fuel consumer spending slowed by higher food and fuel prices...
...could compound problems for countries that are already struggling. Although prices for oil and other commodities have declined recently, they remain at unusually high levels. Justin Lin, chief economist at the World Bank, says his organization is preparing lending programs to help ease the burden of high food and fuel costs for developing countries. "They still need to have the support, in order to protect the poor," Lin says. But it's unclear how widely available such programs will...
There are other parties in the merger hunt. The French automaker Renault is also interested in Chrysler, according to several industry sources. But corporate merger would just be a step-up from the collaboration already going on among rivals in the industry. The sheer cost of developing new, more fuel-efficient vehicles is driving companies together, observes another executive, who notes that GM has already collaborated with Ford on building new transmission and has worked with Chrysler and BMW in developing hybrid vehicles. Chrysler spokeswoman Lori McTavish said that Chrysler entered into a partnership with Nissan earlier this year...