Word: ratio
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...With Shanghai stocks now trading at an average of about 38 times their projected 2007 earnings-a high ratio even for a fast-growing developing economy-China is causing a serious case of the shakes. The issue isn't simply that the little guys are in danger of losing their savings. It's whether a serious market downturn might blunt, or even reverse, China's growth. Mainland authorities have already made it clear that they are concerned about economic overheating, "and the stock market is part of that picture," says an economist at the China Academy of Social Sciences (CASS...
...admit to a rather jaded view of Congress' newest "breakthrough" on immigration reform. In some respects, the deal hammered out in the Senate, which looks set to pass the full chamber next week, is an improvement over past efforts. Currently, for example, the estimated ratio of illegals apprehended by the U.S. Border Patrol to the number that get across is about 1 to 3. The new plan, with hundreds of miles of new border fence and almost 20,000 new patrol agents, might close that...
...through the financial statements of the Detroit Three, however, and you can easily conclude that they are money-losing retirement and health-care organizations just masquerading as money-losing carmakers. Consider General Motors, which supports three living retirees for every worker now on the job (at Chrysler the ratio is 1.3 to 1). GM long ago lost its status as the nation's largest private employer, but it remains the biggest private purchaser of health care. Investors value GM's business at $18 billion; the fund it has set aside to pay for employee pensions is worth more than...
Early in this decade, all three of those trends reversed, and Detroit was suddenly in big trouble again--bigger trouble, in fact, because the companies' ratio of retirees to active workers has only grown. Which has turned up the pressure on retiree benefits. In the case of pensions, GM, Ford and Chrysler now all have enough money set aside to meet their obligations. But none put much in the bank to cover future health-care costs...
During a typical spring, the math department fields roughly 100 CA applications, hiring about 50 students each fall. According to Banesh, the student-to-CA ratio in his department is around...