Word: fueled
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...American's plan. Southwest Airline - one carrier that is feeling relatively less of the pain, having locked in 70% of its 2008 oil supply at $51 a barrel - said it had "no plans" to institute a bag fee. But even Southwest expects to pay $800 million more in fuel costs in 2008 than last year (compared to United's extimated $2 billion in extra costs). "Our fuel hedges have allowed us to remain profitable, compared to other carriers, but they don't provide full protection against escalating fuel costs," says Brandy King, a spokeswoman for Southwest...
...Corruption has proved an inflammatory issue in the past - it added fuel to the Tiananmen protest in 1989 - and mixed with student deaths it could be explosive. Beijing's first instinct will be to sweep the schools scandal under the rug. Much of the online anger over the collapsed schools has been deleted and all discussion of the topic has been banned. But Jiang of the University of Alberta says that, as China's civil society develops, leaders know they must adapt. "It will be extremely tempting for the control types and ideologues to use [the earthquake] to glorify...
...renewable energy, for which massive government subsidies are available. The front runners tend to be biofuels for transport and wind power for electricity generation. The E.U. is still committed to increasing the use of biofuels, but it has belatedly been recognized that large-scale production of crops for fuel rather than for food is a major cause of the surge in food prices that is causing severe hardship in much of the developing world. Moreover, approximately as much carbon-based energy is used in the production of most biofuels as is saved by their...
...since 1996. Banks, still nervous about lending to one another following the collapse of the U.S. subprime market, are being no less careful when it comes to their loan customers: tougher lending criteria and higher mortgage rates have discouraged British house hunters already struggling to meet bloated food and fuel bills. Repossessions are expected to soar by two-thirds this year to some 45,000. The result: property prices look set to fall further. Halifax, Britain's leading mortgage lender, forecasts "a mid-single-digit percentage decline" in 2008; Capital Economics, a London-based consultancy, predicts a slump...
...what little of the basic services are available in the area. "You can't just blame the government for the shortages of services," said Haithem Hamid, another Sadr City resident. "Most of the blame goes to the Mahdi Army, which controls the economy and the social services, even fuel and local contracts. Anyone who defies these people will be harassed...