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...other important and relatively new economic concern for the summer is oil prices. OPEC has not been clear about what it will do with supply. The Saudi's have spoken out for keeping it unchanged and because of the size of their output they usually rule the day. Speculators still seem prepared to trade crude above $60 on most days. A fair number of analysts see oil moving to $70 or $75 by Labor Day. The cost of a barrel of crude will move up if there is strong evidence that the demand in China is growing. Ironically if there...
...Kaspar Hauser), Terence Malick (Days of Heaven) or Wim Wenders (Kings of the Road) - though it must be acknowledged that Wenders would eventually win in 1984 for Paris, Texas. Meanwhile, films from further afield were practically shut out by the Jury. Despite the Indian film industry's prodigious output, it was nearly impossible to get a Bollywood film screened in competition. Auteurs from elsewhere in Asia, while well-received at the festival, have gone largely Palme-less, with the notable exceptions of Akira Kurusawa (who shared 1980's award with Fosse for his epic Kagemusha) and Chen Kaige (Farewell...
...middle of what used to be the German Democratic Republic (GDR), the formerly communist eastern part of Germany. Since the Berlin Wall fell, the old GDR has been showered with money. Overall, some $2 trillion has been pumped in - the equivalent of about 4% of Germany's economic output every year...
This is not the stuff of recession-era tragedy. Christopher once came home to find his mother in a neck brace: she had curtsied too low to a duchess and caught a heel in her pearls. The Buckleys weren't plutocrats, but William's prodigious output--he could bash out a 700-word column in five minutes flat--and Patricia's inheritance made them more than well off, and the action leaps nimbly from the family's teak-and-mahogany yacht to its 10th century Swiss château to Patricia's memorial service at the Metropolitan Museum's Temple...
...Still, Taiwan's past efforts to clean up its act have not been unsuccessful. As the mayor of Taipei, Ma introduced a recycling program in 2000 which has helped the city has reduce its trash output by 55%. With a little monetary incentive - people get fined $145 for not complying and the required bags for non-recyclable trash cost more than for recyclables - residents of the capital have become efficient organizers of their trash. In 2006, Taiwan was also one of the first countries to stop giving away plastic bags. Stores charge a dime or more for one, a policy...