Word: highers
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...much, so it's not surprising to me what he's doing," says Alex Barron, a senior research analyst in the El Paso, Texas, office of Agency Trading Group. "I think there are still significant headwinds facing the housing market," he says, such as rising unemployment, potentially higher interest rates and an expected increase in foreclosures...
...took the population of New York City, all 8.2 million people, and spread them out so that they had the same population density as Vermont, you'd need a land area equivalent to the six New England states plus New Jersey, Delaware, Maryland and Virginia. Environmental impact is higher per capita in Vermont than it is in New York City. They use more electricity, more oil, more water. The average Vermonter burns 540 gal. of gasoline per year, and the average Manhattanite burns just 90. Only 8% of American households don't own a car. In Manhattan, it's about...
...luxury residential market, however, is getting a special boost. Local property agents say prices are being driven higher by buyers from the Chinese mainland. Wealthy Chinese have ample cash and easy access to low-interest loans because of the government's loose monetary and fiscal policies, which were implemented last year to fight the recession. Buyers are looking to invest close to home, and despite China's restrictions on moving capital beyond its borders, that often means acquiring assets in Hong Kong. (The former British colony belongs to China but has a separate system of government and a more open...
...well as deal with substantively (two things that are emphatically not, from the government's standpoint, the same). Western environmental scientists and activists - who had directed most of their attention (and ire) at George W. Bush's U.S. - finally began embracing reality: China, with 1.3 billion people grasping the higher living standards that industrialization and market economics have brought, had only just begun to spew CO2 into the atmosphere, and it was already the No. 1 emitter. If climate change was the great global threat that the doomsayers believed it was and if there was to be a more effective...
...Business: Moving Ahead Big business is often characterized by many climate-change activists as the bad guy. But while politicians, especially those in the U.S., have been slow to grapple with global warming, many corporations have been moving ahead on their own. They're cutting carbon emissions at rates higher than any government and improving energy efficiency for the sake of their own profits. "Businesses need to deal with climate change, and they need regulatory certainty and simplicity from governments," says Charles Holliday, the chairman of DuPont...