Word: grossness
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...This kind of exuberant consumer behavior helps to explain why China has powered through the global recession with only limited damage. Local officials expect Xi'an's gross domestic product to surge 13.5% in 2009, far faster than the central government's 8% target for the national economy. Even more importantly, the thriving economy in this city of 8 million lends hope that China might be able to complete its next great economic transformation. China has come to depend too much upon exports and investment for growth. What's needed is economic rebalancing, so that domestic consumption contributes more...
...semi-geezer semi-comedy that teamed the director (Walt Becker) and one of the stars (John Travolta) of the surprise hit Wild Hogs with aging jackanapes Robin Williams - cadged a modest $16.8 for the three days. And the mayhem-festooned action film Ninja Assassin was the decade's lowest-grossing opening for the Wackowski brothers, once renowned for The Matrix. Its $13.1 million three-day gross was considerably below not only V for Vendetta but the widely reviled (and, take one stubborn critic's word for it, visually enthralling) Speed Racer. The only upside for Old Dogs and Ninja Assassin...
While we are relieved to know the names of our student leaders after a bizarre delay in election procedure, there is much about the events of the past week that raise concerns. Specifically, the Election Commission has demonstrated gross negligence and incompetence throughout this entire process. Despite the interconnectedness of these events, it is important to distinguish the actions of the Election Commission from those of the UC itself. In other words, the blame for this embarrassment lies with the EC, not necessarily with the UC as a whole...
Worse than this unnecessary uncertainty on election night, however, was the gross lack of judgment the EC exercised in releasing confidential information to Kia J. McLeod ’10, current UC vice president and known supporter of the Hayward-Zhang campaign, among others. Why, for example, did members of the council know the vote tallies before the EC released them...
...Bill Gross, the head of PIMCO, has joined other bears by claiming the U.S. economy is entering a "new normal" era of slower economic growth and limited stock returns because American consumers have become thriftier. Instead of spending, they are paying off their heavy debts, and this will weigh on corporate earnings indefinitely. Yet it is world economic growth, not U.S. growth, that will dictate future stock returns. S&P 500 companies now obtain almost half of their revenue and profits outside the U.S. That share will most certainly rise as growth in the emerging nations continues to outpace that...