Word: jacobelli
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...much-publicized plan to cool down the economy and relieve pressure on the energy sector, might not be enough. "It's a little hard to believe that if China maintains growth rates of 6-8% that all of a sudden these shortages will disappear overnight in 2006," says Joseph Jacobelli, a Hong Kong-based regional utilities analyst for Merrill Lynch. Moreover, most of China's capacity expansion will come in the form of coal-fired power plants, which, aside from their noxious environmental impact, suffer from crippling supply problems. (The mainland is also aggressively expanding the amount of energy produced...
...they were not turned over to Roman civil authorities. They were released on bail, which is rarely allowed by Italian courts. Also, they are getting a speedy trial, which is even more unusual in the litigation-swamped Italian system. On top of that, the Vatican's prosecutor, Leopoldo Jacobelli, last week rose in court to ask the judges for clemency, partly because the thieves had confessed, partly because "the Vatican is benevolent." Even if the judges do impose heavy sentences, the culprits may still get off lightly: they could be pardoned by Pope Paul as an act of mercy...
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