Word: quarterly
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...savings can meanwhile be found on cruise lines sailing in Europe, most of which set their summer 2008 prices in dollars this past spring. Competition is keen: a record 10 liners made their maiden voyages on Europe's waterways this past summer, boosting capacity by nearly a quarter. Similar growth is predicted for summer 2008, with vessels of all sizes making their European debuts, from Carnival's 3,006-passenger Splendor to the bijou 118-passenger M.S. Swiss Sapphire river cruiser from Tauck World Discovery...
Since the early 1980s, with the exception of that brief downturn during the recession of 1990-91, consumer spending in the U.S. has risen every quarter. Over that period, our pocketbooks have come to commandeer an ever greater portion of the economy, from 62% of gross domestic product (GDP) in 1981 to 70% now. Spending by U.S. consumers accounts for 19% of global economic activity...
...after-tax disposable income). The middle class--households earning roughly between $20,000 and $100,000 annually--had a debt-to-income ratio of 141% in 2004, according to New York University (NYU) economist Edward Wolff. And he figures it's even higher today. In the third quarter of 2005, the national savings rate (personal income minus spending) went negative for the first time since the Great Depression, and it has bounced back only slightly since...
...marvel of optimization. Its 200 ft. (61 m) wingspan is covered with photovoltaic cells, which convert the sun's rays into roughly the same amount of energy needed to light a large Christmas tree. That solar power drives four electric engines, and loads four lithium batteries - a quarter of the aircraft's total weight of 3,300 lbs. (1,500 kg) - which allow the plane to continue flying through the night. Project director and co-pilot André Borschberg says that while labs around the world are developing lighter and more effective batteries, those currently available impose severe limits...
...will save many millions of lives in the long run," says Bui Huynh Long, chief administrator of the National Traffic Safety Committee. Thousands of extra police will be dispatched nationwide to pull over bare-headed drivers, issuing steep fines of up to 200,000 dong (about $15) - about a quarter of the average monthly wage and, significantly, also the average price of a helmet. To underline its "No Excuses" message, the government has also launched a massive TV ad campaign featuring gruesome images of head-trauma victims...