Word: jolts
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Obama's support could further jolt some life into next month's annual U.N. summit on climate change in Poznan, Poland. The summit is a victim of awkward timing - Obama has been elected, but representatives from President George W. Bush's Administration will still be in charge - thus the real focus will be on next year's summit, in Copenhagen, when Obama will hold the reins and the world will face its self-imposed deadline to pass a new Kyoto Protocol. Green activists hope that Obama's plans for a national carbon cap will help break the logjam that...
...lights snap off at the Empire Theatre on Times Square and a piercing chorus of girls' squeals instantly fills the room, zero to sixty in a half-second, like audio-electroshock therapy or the first jolt of Beatlemania. It's a release of energy the Disney marketeers have savvily built up since High School Musical made its debut on the Disney Channel in Jan. 2006. The TV movie broke ratings records, and so did its spinoff CD, which was the year's top-selling album in the U.S. Last year's High School Musical 2, also on the Disney Channel...
...lights snap off at the Empire Theatre on Times Square and a piercing chorus of girls' squeals instantly fills the room, zero to sixty in a half-second, like audio-electroshock therapy or the first jolt of Beatlemania. It's a release of energy the Disney marketeers have savvily built up since High School Musical made its debut on the Disney Channel in Jan. 2006. The TV movie broke ratings records, and so did its spinoff CD, which was the year's top-selling album in the U.S. Last year's High School Musical 2, also on the Disney Channel...
Washington's own Cuba time warp got a jolt as well. The oil discovery has renewed debate over whether a crude-thirsty U.S. should loosen its 46-year-old trade embargo against Cuba and let yanqui firms join the drilling, which is taking place fewer than 100 miles off U.S. shores. Despite the Bush Administration's hard line on Cuba, Republicans in Congress have proposed legislation to exempt Big Oil from the embargo. That clamor is sure to rise - especially if Barack Obama, who is more open to dialogue with Havana, becomes the next President - now that Cuba's state...
...municipal bonds is starting to thaw. On Oct. 7, Kentucky sold $400 million worth of bonds to finance education and public works projects around the state. It was one of the first major issues since the Federal Government started taking one unprecedented step after another to try to jolt lending back to life - cutting interest rates, starting a program to buy short-term corporate debt, authorizing hundreds of billions of dollars to get toxic mortgage-related assets off bank balance sheets and inject capital into the companies. "We were really worried," says Jonathan Miller, the state's secretary for finance...