Word: months
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...crisp day in Valencia, Spain, early last month, a small man in a cardinal-red jumpsuit walked a few steps from a million-dollar motor home and ducked into a lavish hospitality tent, both in the same bright scarlet. No one was allowed anywhere near him, but throngs of Spaniards hanging over the railing of Valencia's Ricardo Tormo racetrack went crazy. "Look up here, Fernando! Te quiero, Fernando...
Though some in Iraq continue to doubt Washington's resolve, U.S. troops are indeed leaving, at the rate of about 10,000 per month. Much as they may enjoy their democracy, many Iraqis are concerned about who will fill the vacuum. Iran, for example. Tehran watched with glee as the U.S. toppled its archenemy Saddam, but worried that it was the next candidate for regime change, the Islamic Republic has supported anti-American Shi'ite militias and political parties ever since. Iran won't be the only country likely to flex its muscles after the election. Turkey - which...
...weeks, they did manage to reach agreement on some less controversial elements of reform, such as systemic risk regulation and rating agency liability, but it was never clear how they would bridge fundamental differences like the consumer agency, derivatives regulations and shareholder protections. When I spoke to Corker last month, he suggested that Obama's relatively modest proposal to recoup the costs of the financial bailouts by taxing the risk-taking of large banks made him wonder if he was living in Venezuela. And he's considered one of the softer-edged Republicans. (See the Top 10 Embarrassing Things Voters...
...People think that Americans are notorious consumers and will shift very quickly back to their old habits, but we're not so sure about that," says Eshelman. He speculates that because of the number of jobs that would need to be added each month, it will likely take five to 10 years for employment to return to 2007 levels. In December 2009, the country's seasonally adjusted employment was at 129.5 million, down 8.5 million jobs from its peak in December 2007. Even if 150,000 jobs were added every month, it would take five years to return...
More than 100 representatives of community and environmental advocacy groups showed up in Washington earlier this month to lobby for stiffer government regulation of the mining industry and a ban on mountaintop mining. Recently, representatives of the U.S. Office of Surface Mining visited Appalachia to study the effects in the area. Such mining is devastating the environment, "polluting our streams, poisoning our air and destroying our culture and heritage," says Judy Bonds, co-director of the West Virginia-based Coal River Mountain Watch...