Word: growth
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...Thursday's decision has thrust Sipson into the frontline of the epic fight between economic development and environmental concerns, which is intensifying as the global economy stutters. Across the world, politicians are asking themselves how best to balance their green agendas against their struggles to stimulate growth. Such questions are anything but abstract for Sipson's elderly residents, many of whom have spent their entire lives in the village. "I got married in the local church. My children were born here. Our family home is here," says Linda McCutcheon, a 63-year old pensioner who has lived in the village...
...catalyst. Tsuyoshi Nomaguchi, strategist at Daiwa Securities in Tokyo, says Japan's stocks are not comparatively cheap but are in the "attractive zone," and once recovery measures in the U.S. take effect in the middle of 2009, Japan's stock prices will rise on anticipation of economic growth. "Japan is falling behind [other nations] in implementing political measures on the economy. Waiting for the recovery of the U.S. might be the only way for now," he says...
...mergers-and-acquisitions activity increases abroad, the appreciation of the yen (currently 90 to the dollar) can actually work in favor of Japanese businesses, making acquisitions more affordable as the market caps of their competitors decline. And banks, even with some financial constraints, are seeing lending increase, with growth of 3.7% in December from a year earlier. Positive news, to be sure, but not quite the stuff of a new bull market...
...reasons for coming to the event. One of the main issues? Family Drama. According to Francis, matrimonial festivities can be ideal opportunities for communication between friends and relatives. “This is sometimes an educational moment,” said Francis. “It can be a growth opportunity for people.” And, in keeping with its message of openness, the seminar wasn’t only for MIT students. Marco Chan ’11, co-chair of the Harvard-Radcliffe Bisexual, Gay, Lesbian, Transgender, and Supporters Alliance, agreed with its aims...
...projects also create 9% more jobs. Then again, transit projects like high-speed rail lines and subway stations tend to take more time to build than roads or repairs. And while a recent study calculated that the average dollar spent on infrastructure ricochets into $1.59 worth of short-term growth - a bit better than aid to states or broad-based tax cuts and a lot better than tax cuts for businesses or investors - increasing food-stamp or unemployment benefits packs even more bang for the buck...