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...under a fresh chairwoman and a new President, is reopening the debate. On Wednesday it will host a roundtable discussion with the heads of both major and minor credit-rating agencies as well as investors and academic experts. "We're inviting a lot of the people who have had some very interesting ideas about what would be a better model," SEC chairwoman Mary Schapiro told Congress in March. "There have been some very thoughtful proposals put out there...
...better for greens would be the other major cash-for-clunkers bill circulating in Congress, this one co-sponsored by Democratic Representative Steve Israel and Democratic Senators Charles Schumer and Dianne Feinstein. Their bill would allow the junking of any vehicle that's more than three years old, provided its fuel economy comes in at less than 18 m.p.g. Any new car would need to have a fuel economy at least 25% better than the clunker to qualify - and rebates would reach up to $4,000. (All auto brands would qualify, foreign or domestic.) A 25% improvement would be enough...
...will find in Trinidad is that the embargo is "the single most unpopular policy in the hemisphere," says Erikson. And with or without democratic reform, Cuba is being brought back into the Latin American fold; last year it was invited into the Rio Group, one of the region's major organizations. Still, Erikson adds, most of Latin America has a positive impression of Obama, which will make it harder for the Castros to ignore or even rebuff his overtures. "They recognize that Obama is a genuinely new political phenomenon in the U.S.," says Erikson. "They know...
Heading en masse to new positions in Japan's major corporations, fresh university graduates in black suits have become as common a sight in Tokyo as April's cherry blossoms. But this year, things are different. According to a closely watched annual survey, the companies that were once synonymous with Japan Inc. - Toyota, Sony, Sharp and Canon - have lost their luster as potential employers. For those seeking secure jobs-for-life, students are instead looking to relatively low-risk industries such as railroads and public utilities...
...Recruit collected the data between Jan. 30 and Feb. 16, as a series of dire economic indicators painted a dismal economic outlook for Japan and major companies were laying off workers in waves. "News reports about worsened business and manpower conditions came out one after another," says Recruit spokeswoman Yuri Ito. "This survey is done around the time companies announce their recruitment plan for the following year. So some students might vote for those that plan to hire aggressively." Export-driven companies, out. Instead, "Students consider companies in industries like infrastructure and food, which are robust in a recession... companies...