Word: greens
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...tens of thousands of red-shirt vehicles wound through Bangkok streets on March 20 in a miles-long caravan, members of the city's lower and middle classes emerged to cheer on the crimson convoy. Short-order cooks waved their toques, teeth-whitening technicians handed out spears of green mango and Starbucks baristas clapped in unison. A gaggle of mini-skirted ladies from the Eros Lounge even shook their booties for the crimson cause. Far from the air-conditioned enclaves of élite Bangkok, ordinary residents sweltered in the 40?C heat to make a bold statement...
...already adding extra heat at an annual rate of 3 billion tons of CO2 - the equivalent of 500 coal-powered plants, or more than 40% of all U.S. fossil fuel emissions - and this is expected to more than double by the end of the century. (See the top 10 green ideas...
...Analysts predict that the Chinese President's decision to go to Washington will make the U.S. less inclined to adopt a confrontational stance on China's currency policy. "If April 15 comes and goes without a report, I don't think I'd be surprised," says Stephen Green, head of China research at Standard Chartered Bank in Shanghai. During their phone conversation Thursday, Hu told Obama that "healthy and stable economic and trade relations between China and the United States serve the interests of both countries," according to the state-run Xinhua News Agency. The report didn't say whether...
...gradual changes. China's leadership was never likely to make any move on currency in the face of overt pressure from Washington, for fear of appearing weak in the eyes of its people. "Our view is that China was going to move around the middle of the year," says Green. "The China timetable was six months behind the U.S. on this, which creates tension. The tension makes a move harder. What we need now is to dial down the tension, which creates space for a move [on currency] which will be slow and gradual...
...earlier chapter in his career. In 1980, an admitted child-molester priest was transferred to the Munich archdiocese, which was then headed by Ratzinger. Though Church officials say the future Pope personally approved of his transfer to Munich for psychiatric counseling, they insist Ratzinger knew nothing of the green light for the abusive priest - who would eventually be convicted of other sex crimes - to return to his pastoral duties just weeks later. (See Father H's story: a German pedophilic priest scandal...