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...sold more vehicles in July than in June - and had a nice 16% improvement in pickup sales - lavished praise on the program and pressed for its continuation. "The government's program is doing what it is designed to do - spur consumers to trade in older gas guzzlers for new, fuel-efficient vehicles," said Mark LaNeve, GM vice president for sales. The Department of Transportation confirmed the fuel-efficiency gains on Monday, Aug. 3, noting that of the 120,000 rebate applications processed so far, the cars purchased have been far more fuel-efficient than the minimum requirements to qualify...
...journey to seek an answer to that question started with a surprise. The former driver of some émigré friends of mine met me at the airport, and soon we hit a traffic jam. Two years earlier, traveling in Zimbabwe had been a logistical feat that involved prearranging fuel stops. Now I was stuck in a line of cars outside - another surprise - a packed mall, complete with restaurants, furniture stores and a buzzing supermarket...
Eventually, after 27 minutes aloft, they landed safely. D'Arlandes - according to his own account - threw himself out onto the grass. Pilātre just stood there. "We had enough fuel to fly for an hour," he said sadly. The crowd grabbed his green coat and tore it to pieces for souvenirs. He was an instant 18th century rock star...
...foretaste of what can happen if China's vaunted economic recovery turns out to be a dud. The country's better-than-expected GDP performance is one reason for the current view that the global economy is poised to resume growth, an optimistic reading that in turn is helping fuel investment rallies around the world. But stock markets anticipate the state of the economy and corporate earnings months in advance, so today's euphoria can turn into ashes if the reality falls short of expectations...
Even as he is in the sights of the hard-liners, former President Khatami has declared the trials "unconstitutional" - and the outrage will undoubtedly fuel further street demonstrations. The court proceedings will resume on Thursday, adding to a week in which Ahmadinejad is to be inaugurated to a controversial second term on Wednesday. Already, one more chant has been added to the nightly ritual of shouting Allahu akbar (God is great) and "Death to the dictators" from across Tehran's rooftops: "Free political prisoners...