Word: majors
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...raincoats, it turns out, have holes in them. With the chances for a global recession increasing, it's becoming clear that not even the world's fastest-growing major economy can avoid a pronounced slowdown. Any remaining hopes to the contrary were dashed recently when China's National Bureau of Statistics released the country's latest economic data: in the third quarter, GDP growth had slipped to 9%, the slowest quarterly pace since 2003. Meanwhile, estimates for 2009 growth are being slashed to as low as 8%, which would be a dramatic deceleration from last year's 12% rate...
...have missed the communiqué released Oct. 19 by the Central Committee of China's ruling Communist Party. After all, the world's newspapers are dominated by the homestretch of the U.S. presidential election, the ongoing global financial crisis and other momentous events. But the blandly titled "Decision on Major Issues Concerning the Advancement of Rural Reform and Development" will be studied by historians when the markets' latest gyrations and Sarah Palin's appearance on Saturday Night Live are long forgotten. Behind the document's clunky sentences constructed from boilerplate Party phraseology are changes that will vault China into...
...cares what Ayers did nearly 40 years ago? It's what he's doing now that matters. Let us not forget that at least two major Watergate figures - Jeb Magruder and Charles Colson - rehabilitated themselves as respected members of the clergy. Stephen V. Gilmore, Charlotte, North Carolina...
...indispensable financial center. Leaving Frankfurt and Paris in the dust and encouraged by the policies of Gordon Brown, the current British Prime Minister, it has become a magnet for people, jobs and investment from around the world. The big U.S. banks made London their international hub, and the major banks of continental Europe moved much of their trading and investment-banking operations there. About 70% of international bonds, one-third of the world's foreign exchange and almost half the total volume of international equities are traded in London--more even than in New York City, its only remaining rival...
...experiment is quintessential Lindstrom. The author, who spends 300 days a year on the road, teaching major companies how to market their brands, has an original, inquisitive mind. His new book is a fascinating look at how consumers perceive logos, ads, commercials, brands and products. Lindstrom conducted a three-year, $7 million neuromarketing study (sponsored by GlaxoSmithKline and Bertelsmann, among others) that measured the brain activity of 2,000 volunteers from around the world. Some of the results confirmed marketing-industry hunches; others flew in the face of conventional wisdom. A few findings from the well-traveled savant...