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...Even Republican candidates sound like they accept the reality of climate change, and the major Democratic candidates have all released surprisingly aggressive plans on energy and carbon, including front-runner Hillary Clinton, who called on Nov. 5 for a cap-and-trade system that would cut carbon emissions to 80% of 1990 levels by 2050. She's in line with the rest of the Democrats, and it's fairly remarkable that a position that would have been considered extreme eight years ago - when a certain Nobel laureate was running for President - is now orthodox in the Democratic party. And even...
...over its operations. But it only plans to reopen some 200 of Nova's 669 remaining schools, and it won't be refunding fees, although some rival institutes are offering discounts for Nova students. That won't help former teachers like Kristen Moon, a 23-year-old English-education major from Philadelphia, who has been scraping by on private lessons she now gives to her former Nova students. "I'm living hand to mouth," she says. "Nova has ruined a lot of people's lives...
Taken together, these arrests deal a major blow to the Mafia. But this hydra-like organization, also known as Cosa Nostra (Our Thing), is so deeply woven into the fabric of Sicilian society that the Italian state is far from claiming final victory. "Cosa Nostra is built on a capacity to adapt to the time and situation, to camouflage itself and raise its head only when necessary," says a senior Palermo-based investigator who worked on the Lo Piccolo case. Lo Piccolo's takedown shuffles the deck in the organization, but hardly eradicates...
Coupled with other crime syndicates across Italy's south, including the 'Ndrangheta in Calabria and the Camorra around Naples, the Mob is not just murderous, but also a major drag on Italy's economic development. A recent report by the Confesercenti small-business association estimated that organized crime accounts for 7% of Italy's GDP, a larger share than any corporate behemoth, even the energy giant ENI. The Sicilian Mob is one of Italy's original multinationals, having partnered with its Italo-American cousins and gangsters around the world to traffic drugs and weapons, launder money and promote other illegal...
...housing is the employment rate. As long as the employment stays basically full--say, under 5.5%--I see no major crisis in the housing market. Yes, we have a subprime issue. Yes, we have a lot of investors who got hung out, but I don't see the crisis the way the media portray it. And consequently, as long as employment stays strong, I don't see any issue as far as rental housing is concerned. Our apartment company continues to rent at 95%. We continue to see same-store-sales increases from one year to the next...