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...That modest, albeit startling growth allowed French officials to express the hope that a recession may yet be averted. But with the entire 27-nation European Union economy sliding .02% in the third quarter, and major industries such car manufacturing posting a combined 15% drop in sales last month, experts advise against viewing Europe's economic glass as anything but half empty, and leaking...
...renewable energy, universal health care, middle-class tax cuts and education reform. Then there are the other things he talked about at various points in the campaign: closing Guantánamo, withdrawing from Iraq, renegotiating trade deals, reforming immigration. How quickly those now secondary goals will follow is a major question and source of debate among Obama's advisers. Publicly, they insist that he can do it all, and there is plenty of talk about putting these issues on parallel tracks. But it is hard to see how he can afford such expensive undertakings alongside a $700 billion federal bailout...
...package - which could easily be doubled to $100 billion - would have five components: • A green bailout for the automakers, with a quid pro quo: they would have to increase fuel-efficiency standards in their cars at least 4% per year and make major investments in new battery technology for plug-in hybrids. • A green-infrastructure fund to make existing public buildings more energy-efficient and provide homeowners with tax breaks to do the same. "This could help revive the construction industry," Hendricks says...
...solar farms in the Southwest if they can be guaranteed that there will be a market for their products even if oil prices drop. • Construction of a new "smart" electric grid to deliver the power generated by wind, solar and geothermal plants in rural areas to the major population centers. This would be a down payment on the $400 billion over 10 years that Al Gore has estimated the new grid will ultimately cost - although, Gore says, the savings in energy efficiency could pay for the grid in three years. The new smart technology would figure out the cheapest...
...have shocked India for two reasons. The nine accused are all Hindu right-wingers, confirming, for the first time, suspicions raised by political and security analysts that the Hindu extremist fringe has been organizing for terror attacks. Second, among the accused are a serving lieutenant colonel and a retired major of the army, an institution so far considered impervious to communal elements. (Click here to read about recent bomb blasts in North East India...