Word: rapidly
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Importers are intoxicated by the rapid growth of what is now a $30 million market--at cost. While the number of Japanese breweries (kura) has dropped to 1,800 (from 2,400) over the past two decades--and is expected to fall to 600 by 2025--imported sake constitutes about 25% of the U.S. sake market by volume. Imports have risen from 10% to 15% a year for the past decade, and import volume in 2007 will be nearly twice what it was in 2002. Over the past five years, the average import cost of a liter has risen...
...remember my first exposure to The Game, a 35-3 demolition of the last obstacle between the Crimson and the Ivy title.The truth is, Harvard had a culture of winning of its own my freshman year. And with both Boston and Harvard championships coming in such rapid succession, it was the perfect welcome to the University, both for local students like me, and for the many undergrads who adopt Boston teams as their own during their stay in Cambridge. It was hard, at the time, to shake the idea that the all of these athletic successes were somehow related, that...
...course, at the government level, more can always be done to ensure that people’s everyday conservation efforts are echoed in the policies. The biggest obstacles are China’s rapid industrialization and the prevailing sentiment that becoming the next superpower is more important than saving some trees. Much of the pollution can be traced to factories (many owned by foreign entities), which swallow up local resources and leave a path of smoke and waste. But China’s global ambitions and the government’s questionable actions hardly presage China’s collapse...
...potential consequences of climate change weren't scary enough, the IPCC emphasized just how little time we have left to try to change the future. The panel reported that the world would have to reverse the rapid growth of greenhouse gases by 2015 to avert the worst consequences. The clock was running. "What we will do in the next two, three years will determine our future," said Pachauri. "This is the defining challenge...
Five years later, Argentina's rapid recovery still has analysts doing double takes. Since President Néstor Kirchner was elected in 2003, annual growth has averaged 9%, the best in Latin America. Argentina has parlayed a cheaper but stable peso into record export earnings. "Argentina," crows Central Bank president Martín Redrado, "is enjoying its most solid macroeconomic context of the past 30 years." In Brazil, Lula's election (and 2006 re-election) did not render the region's largest economy a leftist basket case. Instead, inflation has fallen from 12.5% in 2002 to less than 4% today. Brazil...