Word: lowers
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...market leaders are better poised to weather the storm: "Companies outside the top three in their industry have been slower to act and will likely suffer disproportionately from the recession. In contrast, market leaders, even though they have not been as badly affected as their lower-ranked rivals, are doing more to address the crisis. Too many companies are focused on taking easy measures: cutting travel, entertainment, internal meetings, and the like. Far fewer are even contemplating taking measures that would increase their long-term competitiveness...
...relatively simple way for Obama to neutralize those doubts would be to move forward with a policy to lower abortion rates, an effort his campaign pitched heavily to Catholic voters to illustrate his commitment to finding common ground with abortion opponents. A team of aides assigned to focus on abortion reduction plans to hold its first meetings with pro-life and pro-choice advocates over the next month. But it is already encountering some resistance from both sides and doesn't foresee acting on the issue in time to affect funding before the 2011 fiscal year...
Considering how far mineral prices have fallen, some analysts believe Chinalco might actually be paying a premium for Rio Tinto assets. But BOC International's Xu says, "The price is much, much lower for the assets--particularly iron ore and copper--than it would have been just six months ago. This seems like a pretty good deal." And as long as commodity prices are depressed, Chinese companies will be Going Out, cash in hand, ready...
...sabbatical. Hendrik Hertzberg in The New Yorker has suggested scratching the payroll tax altogether and instead levying a tax on carbon to fund Social Security and Medicare. We would be eliminating a tax on something we wish to encourage, job creation, thereby giving the fruits of their labor to lower- and middle-class workers, while taxing pollution, which we want to discourage. (It should be noted that such a proposal has zero prospects for being considered in the short term, as it completely upends the fundamental premises of the current entitlement system, but perhaps as we get further down...
...legislation is intended to make that line clearer. Presented in a committee of the lower house of parliament by the Catalan party Convergence and Union on March 10, the bill is designed, according to spokesman Josep Sánchez y Llibre, "to protect citizens against those acts that attack their dignity or invade their privacy." It won the committee's unanimous support, a critical step toward becoming...