Word: globality
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...GORE, former Vice President, explaining that recent heavy snowfalls do not disprove global warming but indicate higher temperatures have caused oceanic evaporation and increased the amount of moisture...
...Danish Cancer Society study of 421,000 cell-phone users, which led many in the media to conclude that mobiles are harmless. To date, "peer-reviewed scientific evidence has overwhelmingly indicated that wireless devices do not pose a risk," says John Walls, a spokesman for CTIA, a global wireless association. (See how to prevent illness...
...events were held to promote green energy as a way to create jobs. Some of the heaviest hitters were on the President's Economic Recovery Advisory Board, a committee of corporate leaders and economists whom Obama brought inside the White House to advise on everything from regulatory reform to global warming. Formed during the transition, it included top fundraisers such as Hyatt family scion Penny Pritzker, Obama's Silicon Valley ally Doerr and two ambassadors from Wall Street, UBS's Robert Wolf and private-equity investor Mark Gallogly. This foursome and their spouses had collectively given roughly $2.4 million...
...more than 6.5% to borrow money. Now it costs less than 2.5%. That means we can borrow 2½ times as much today for the same cost. Also, the overall economy has expanded dramatically, and relative to the size of the economy, the debt isn't particularly high by global standards. (See pictures of the global financial crisis...
Like home mortgages, much of the debt never has to be paid down. Half of the debt of trillions of dollars is owed by the federal government to itself, and a quarter more is owed to the American public. Because of the unique role of the dollar as the global reserve currency, the debt the government owes itself can simply be rolled over endlessly. Only the interest payments are a must. As long as the dollar remains central to the global system - and there is little chance of that changing in the next decade - the U.S. will have the latitude...