Word: offsets
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...success of some is being offset by the struggles of many, for whom jobs are no longer plentiful or secure. Japan, a country that prides itself on social harmony, homogeneity and an equitable distribution of wealth, is bifurcating along geographic and social lines into camps of permanent winners and perpetual losers?the former a highly educated and trained core of ?lite employees and entrepreneurs working for internationally competitive companies, the latter an increasingly marginalized yet growing sector of society comprising primarily elderly rural poor and despairing urban youths like Ijiri. "In the past, people believed that the whole nation...
...cleaning up the planet. Worldwide, the market for environmental goods and services hit $600 billion last year, according to Environmental Business News. Some segments, such as renewable-energy power systems, are expanding at double-digit rates in Europe and China. Immelt needs those high-growth businesses to offset mature sectors in GE's portfolio, which aren't growing much more than the economy. The potential for fuel-saving technologies and renewable energy is also getting more compelling as oil and gas prices reach record levels. Eighteen states, including power hogs California and Texas, have set requirements or goals for renewable...
...CREATING THE G-8 AGENDA, WERE YOU FOCUSING ON AREAS IN WHICH YOU DISAGREE WITH PRESIDENT BUSH TO OFFSET THE POLITICAL TROUBLES YOU'VE FACED FOR BEING HIS ALLY IN IRAQ...
What it finally boils down to is a matter of statistical logic and insurer psychology. If a few giant jury awards, actual or merely possible, can offset the premiums on an entire line of insurance, the companies feel they must raise premiums for everybody until there is some hope of making a profit. This means that premiums may bear no relationship to an individual policyholder's record, and buyers of many kinds of insurance are suddenly paying three or four times as much as they did a year or so earlier. Of all places, Hartford, Conn., known as the insurance...
...interest rates in 1980 to conquer inflation, has reason to remain vigilant. One threat that could fuel new inflation is the falling value of the dollar, which pushes up the prices of America's imports. German automakers, for example, are increasing their prices by as much as 6% to offset the dollar's decline...