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...financial headlines but they don't necessarily reflect the growth of the underlying business. Indeed, most companies have just wrapped up a year of dismal quarterly results where many slashed jobs and other expenses to weather the debilitating recession and frozen credit markets. Thus, the near-term earnings may look much improved even though demand for a company's products may have slumped. "Cost-cutting has been the major force driving earnings and earnings surprises," says Dirk Van Dijk, chief equity strategist at Zacks Investment Research, which monitors earnings projections from Wall Street analysts. And "clearly companies cannot continue...
...dioxide for healthy growth, but also on water and other nutrients. Increase CO2 without increasing the other factors, and you can get plants that are bigger, but relatively deficient in, say, nitrogen - meaning insects may have to eat more of each plant to stay healthy themselves. Some FACE experiments look at the effects of variations in rainfall and nutrients as well as CO2. "Surprisingly," says Lobell, "you get different answers when they vary one at a time than when they vary together. It means there are a lot of interactions between the factors...
...keep them as low-priced labor, they create this atmosphere of tolerance," Saviano says. "They actually live better down there than in Milan. They are treated and paid like slaves, but the human relationships are warmer than those you would find in Milan. Africans say the Italian girls look them in the eyes in Calabria, while in the north they wouldn't." (See pictures of migrants being forced out in France...
...most Italians. Shootings like the ones that sparked the unrest are not uncommon. "We used to learn how to use our guns down there by shooting at dogs," says Saviano, who was brought up in the Naples area. "Now the 14-year-olds shoot at immigrants. It can look like kids fooling around, but it's not; it's target practice." The town's African population responded by burning cars and smashing shop windows, prompting retaliatory attacks by white residents. It was the fourth outbreak of violence in the region in recent years. Six Africans died two years...
...interests - including China's economic expansion into the Paracels - to continue. How this chess game plays out may have broader ramifications as the Chinese military extends its clout and influence in the coming decades. "It's an interesting showcase for what the future of Chinese naval power may look like," says Emmers. "And not just in the South China...