Word: fueled
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...increase in profits. "After Ma got elected, everything's more convenient for businessmen," says Kuei. In a recent survey conducted by Taiwan's CommonWealth magazine, 60% of the CEOs questioned said that liberalized cross-strait relations were improving Taiwan's economic competitiveness. This positive outlook has helped fuel a 40% surge in Taiwan's stock market this year, making it one of the best-performing in Asia. "A positive relationship across the strait can help recover some of the competitive advantages we have lost in the past 10 years," says J.T. Wang, chief executive of computer maker Acer...
Celebrities, gay-marriage bans and fear of divorce are helping fuel the rise in unwedded bliss. "We love each other far, far too much to ever actually get married," says Raymond McCauley, 43, a biotech engineer in Mountain View, Calif., who has twin 2-year-olds with his partner of five years, Kristina Hathaway. His opposition to marriage is political, in solidarity with gays who can't legally wed in most states, and personal - he and his partner both got divorced in their 20s, an experience that has led McCauley to liken marriage to food poisoning: "You don't want...
...Obama should use his immense political capital to make a policy decision that no recent President has shown the guts to make but that would be greatly in the national interest. A stiff new gas tax, phased in as the economy strengthens, would push new-car demand toward more fuel-efficient vehicles just as the U.S. market for cars improves and auto production ramps back up. That would both stimulate the market for new cars and help curb our self-defeating addiction to buying oceans of oil from countries that wish us ill. It would be unpopular, of course...
...results are a microcosm of the trouble that may face the economy over the next several quarters. Oil now trades above $60 a barrel. Fuel prices will inevitably move up making the cost of living and doing business higher while the abilities of consumers and businesses to spend are already in retreat. (Read: "British Airways: Cabin Pressure...
Until now, the European diplomacy backed by the Bush Administration has aimed at getting Iran first to suspend uranium enrichment and then to agree to forgo the right to enrichment on its own soil, instead importing the fuel for its nuclear-energy program, in exchange for a package of political, economic and diplomatic incentives. Even if the U.S. agrees to talk while Iran's centrifuges are spinning, what's less clear is whether Washington and its allies will eventually settle for less than Iran forgoing enrichment altogether, and accept some level of low-grade enrichment being conducted under an expanded...