Word: quarterly
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Analysts cannot get a complete picture of Black Friday's success until companies report fourth-quarter earnings early next year. But they closely monitored retailers on Black Friday weekend for shopper traffic and sales action. "The crowds were more significant than last year and they were moving products faster than last year," Lasser says...
...Health advocates, including both scientists and religious leaders who have petitioned Obama to increase funding, also worry about the stability of the Global Fund to Fight AIDS, Tuberculosis and Malaria. The Global Fund, a foundation that receives funding from both public and private partners, distributes nearly a quarter of all HIV/AIDS donor money. But while PEPfAR saw a small increase in funding for the current fiscal year, the U.S. government's contribution to the Global Fund was flatlined, exacerbating an existing shortfall that threatens its work. A recent paper by Harvard researchers Rochelle Walensky and Daniel Kuritzkes warned that failure...
...that might even worsen if joblessness continues to rise. Though defaults on credit cards in the U.S. fell in October, delinquencies, or late payments, rose - a sign that financial firms could expect more losses down the road. Japan, which experienced its fastest growth in two years in the third quarter, is dealing with the nasty problem of deflation, an indication that the economy is suffering from excess capacity. The falling prices, by eating away at the financial health of companies, could lead to more downsizing and slower growth. "The recent price falls are not right and worrisome," Japan's Finance...
...could get us to zero deforestation by 2020 - globally," says Kessler. But will rich nations cough up that much? The U.S., the E.U. and Japan are all "willing to put money on the table" for REDD, he adds. "Just to put it into perspective, $40 billion is about a quarter of what the U.S. gave in bailout funds to one insurance company, AIG. The money is there. It's just a question of political will...
Nonetheless, as Obama returns to pressing domestic issues and international flash points such as Iran and Afghanistan, two awkward numbers linger in the background: 3.5 and 8.9. The first is the rate of growth for the U.S. in the third quarter of 2009; the second is how fast China grew. And while GDP statistics are a flawed indicator, the contrast between the two economies remains stark...