Word: growed
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...while, it seemed China night be different. Maybe the unique factors that have allowed its economy to grow at an unprecedented rate for nearly 30 years would keep it afloat when the rest of the world was succumbing to the impact of the growing global financial crisis. But that hope has now been crushed under an increasing tide of grimmer and grimmer statistics that seem to portray an economy in free fall. China will have its hard landing in 2009, and even the most optimistic economists now concede that GDP growth will be far below the 8% annual pace that...
...worked for both Mercedes and Chrysler in Hunstville, Ala., says the Big Three "have engineered a doomsday scenario where if they aren't allowed to continue being irresponsible with money, including the billions from taxpayers, the U.S. economy will crash. American automakers need to learn to grow with the times or become obsolete...
This is dire news for the tourism industry which employs 53 million people directly or indirectly. It is also a complete about-face for the hotels sector which was enjoying positive forecasts until just months back. In the last few years, while the economy was projected to grow at 8% to 9%, top names in hospitality like Four Seasons and Aman were making forays into India to fill the huge supply gap in the top-end executive and leisure travel segments. Five-star room rates in key cities had grown by 40% year-on-year in 2007, and a report...
...going to move from a commodity economy where you basically grow the same kind of crops - where a kernel of corn is a kernel of corn is a kernel of corn - to an ingredient economy where there will be a kernel of corn that will be designed for fuel, there will be a kernel of corn designed for livestock, there will be kernels of corn that will be used to make paper or fabric for clothes." - on the future of corn farming in America, Politicalbase.com...
...generation biofuels like cellulosic ethanol manufactured from switchgrass could solve the problem, particularly if it were grown on unproductive hillsides so that it wouldn't displace food crops. "You can get that stuff 25 feet high - and you don't need as much land or fertilizer or energy to grow it," Vilsack told me. "If we want to save the rain forest, we're going to have to invest in these advanced biofuels...