Word: growth
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...Wall Street Journal reports that the iPhone is so feature rich that "the resulting growth in downloading and Web browsing will strain AT&T's network." AT&T is not alone. Sprint (S) and Verizon Wireless (VZ)(VOD) are up against the same problems...
...Pakistani army. The recent deployment of 24 U.S. military advisors to Pakistan to train the Pakistani military in counterinsurgency tactics is a good start. Promising proposed legislation in Congress also calls for $7.5 billion in non-military aid to Pakistan over the next five years to spur economic growth and development, with another $7.5 billion over the following five years. As Pakistan’s president, Asif Ali Zardari, puts it himself, “I am thankful for the support that I got and thankful to the people of America to give their tax dollars...
...adverse scenario of the stress tests look mild. At this point in time, banks are still facing well over $1 trillion in losses over the next couple of years, even if low short-term interest rates make new loans very profitable. Moreover, according to RGE Monitor, real U.S. GDP growth will inch back into positive rates only toward the end of 2009 rather than at the beginning of the second half the year. That spells ongoing problems among borrowers...
...faculty, leading to the cancellation of smaller courses like Junior Seminars. Department Chair James H. Stock said that with the addition of Melitz, the department’s size “will be approximately constant for this year.” Course offerings are unlikely to see much growth because of FAS financial restrictions on visiting faculty and because some faculty members are on temporary leave to work in Washington under President Barack Obama. Melitz was offered the position at Harvard two years ago, before the financial crisis and FAS constraints on new hires, Stock said. Melitz said...
...Fernando Lugo, who has admitted to fathering a child and is alleged to have sired others while he was still a priest.) A bigger problem for the church, however, may be Cutié's Oprah-like standing in the Latino community - the only demographic where U.S. Catholicism is experiencing growth. America's Catholic bishops, many of whom are widely accused of allowing the sexual-abuse crisis to happen, must realize that Cutié is more well regarded among Catholics than they are, especially among Latinos, meaning the hierarchy will probably need to handle the telepriest's future with special care...