Word: perring
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Dates: during 2000-2009
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...China can help. But it remains a relatively poor country, with an annual per capita income of $6,000, compared with $39,000 in the U.S. and $33,400 in the E.U. To be solidly middle class in China's big cities is to have an income of about $12,000. Brisk though auto sales may be, most Chinese still can't afford a Volkswagen or a Buick, let alone a BMW. Even as China's consumers feel richer, their share of its economy may not change much until Beijing enacts reforms to the health-care and social-security systems...
...automaker General Motors, was in meltdown mode, begging the government for funding and trying to raise cash. One salable piece of its portfolio: 84 homesites in Hidden Springs. Jim Hunter, of Boise Hunter Homes, was there to buy. Hunter figures GMAC had already plowed about $88,000 per lot into the neighborhood by laying down streets and sewer lines. In the fire sale, he spent $52,000 a pop. And so the land was recycled - from an overextended national company to a more nimble local player able to put it to good economic use. It was, in its own small...
...this buyer's market, any item is now fair game. Shoppers are scoring deals on cell-phone plans, meat, furniture, even nursing homes. One Florida woman knocked off nearly half the price of a $3,875-per-month room for her father, who suffers from dementia. (See 10 things to buy during the recession...
...more a year than people of normal weight on medical services, according to research data. Medicare doles out $600 more for obese beneficiaries; Medicaid pays $230 more for their prescription drugs. Annual costs associated with obesity are now estimated at $147 billion and are growing nearly 9% per year. The report attributes the spike to treatment for obesity-related ailments such as diabetes and heart disease. And while it concludes that preventive measures can go a long way toward reducing weight--and medical costs--it stops short of offering specific fixes. Skipping that second doughnut would be a good start...
...with abysmal working conditions, as the Human Rights Watch report points out: they cope with long hours and long periods of separation from families; often live in tents or filthy barracks at police stations; lack necessary equipment; and endure overwhelming workloads. India's police-population ratio is just 126 per 100,000 persons, whereas the ratio recommended by the UN for peacetime policing is almost double that. Hence, the temptation arises to take "short cuts" - such as arresting suspects illegally and forcing them to confess, instead of spending time collecting forensic evidence and recording witness statements. While calling...