Word: gearing
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...soon as deflation is finally conquered. In the meantime, Japanese companies are coming under fire for failing to pass more of their profits on to workers-and Japanese politicians are being criticized for crowing about a recovery that has been largely driven by business investment as companies gear up to meet the rising demand for exports to the U.S. and China. "There has never been a recovery dating back to 1945 that is so dependent on capital investment," says Richard Katz, editor of the Oriental Economist Report. Should the U.S. and China falter, he warns, the Japanese economy will have...
...Chengdu, such as Liu Xindi, couldn't imagine anything else. Liu, 33, has seen his income skyrocket 20-fold since he began working 15 years ago. Now Liu, who sells ads for the local Yellow Pages, can splurge whenever he wants on his soccer shoes, badminton racquets and biking gear. But he still thinks the good times are just starting to roll. "Of course, I think my life will be better in the future," Liu says confidently. "The economy of the city is growing, and it's not going to stop. There's no question about...
...your unwashed hipster dance gear out of the closet, fire up the barbecue, tell Dave Chappelle to go home, and prepare for the real Bloc Party. Nearly two years after their debut album “Silent Alarm,” Bloc Party released their sophomore effort Tuesday to the waiting arms of their ever-growing fan base of indie lovers and adventurous, dabbling mainstreamers. The band worked on the album with Garret “Jacknife” Lee, who has produced albums by Kasabian, Snow Patrol, and U2. The resulting LP, “A Weekend...
...potential that her teammates always knew existed finally emerged.Using her height to grab rebounds, provide key defensive stops, and reject many a shot had always come easy for Moretzsohn. It was not until her double-double on Saturday night against Cornell in which the offensive factor finally kicked into gear.“She was very impressive Saturday night,” sophomore Katie Rollins said. “She displayed confidence and poise that we knew she always had.” The Harvard women’s basketball team cruised to a 71-57 victory thanks to Moretzsohn?...
...last weekend’s record-setting performance at Blodgett, captured the one-meter competition with 291 points and took second in the three-meter dive with 327.05 points. The event was Harvard’s last dual meet of the season, as the team will begin to gear up for postseason. First up is the Ivy League Championships in Princeton on Feb. 15-17, which will offer the Crimson a second look at the Tigers. —Staff writer Rebecca A. Compton can be reached at compton@fas.harvard.edu...