Word: perring
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...billion. GM, meanwhile, has received $15.4 billion from the Troubled Asset Relief Program and its total loan request could top $27 billion before the company completes its restructuring, a GM spokesman says. Even that figure assumes that GM's cash burn, which was running more than $3 billion per month in the first quarter, begins to slow later in the year. If the recession deepens, GM could be back at the bar for more. (Read about the success of GM's Chinese division...
...trade scheme must reflect the reality that developing countries have contributed little to climate change yet stand to be hurt the most. Unjustifiably, many in developed countries claim they should be allowed to emit more per capita than developing countries because their economy has grown to rely on emissions. It is one thing to not punish developed countries for a history of irresponsibility on the basis that they were ignorant of the harmful effects, and it is another thing to reward harmful behavior. Instead, as many other have proposed, emission credits should be pegged to U.N. population size estimates...
...posh new pies are, of course, edging well beyond the typical $2-per-slice range. But even at the fanciest pizzerias, this glammed-up Gotham classic offers more value - and sheer fun - than most other tables in town. "Pizza is wholesome, inexpensive and always accessible," says Bob Giraldi, owner of Tonda Pizzeria in the East Village. "Perhaps that's why it is so appropriate for this particular economic moment." (See 10 things to do in New York City...
...Italian cousin, gelato, in 28 house-made flavors - including the creamy, addictive nutella. The pizza "pies" are shaped like small surfboards, with crusts mixed from imported Neapolitan flour and sinful strutto, a rendered pork fat. Once sauced and baked, they're sold by the inch - 99 cents to $1.50 per inch, three-inch minimum. Early hits include the mozzarella-only Biancaneve...
...nearby Tarapore. Land-acquisition costs will be minimized by giving the original landowner a percentage of each project's returns. The homes will occupy cement buildings no more than two stories high, because construction costs go up as buildings get taller. There will be eight to 12 homes per building...