Word: reasonableness
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...wealthy are doing their part to promote efforts like microcredit and new schools. He blames a political culture that's obsessed with the spoils of office instead of civics and progress for all. But even he concedes that "Honduras has to change after this." It's for that reason, Lobo claims, that he's moved his conservative National Party to the center. The next government should "reflect more Christian humanism. We've been too alienated from the poor...
...carbon-offset credits, which are sold to rich countries and companies trying to meet their U.N. emissions-reduction targets. The revenue produced by the sale of credits is then ploughed back into protecting the forest and improving life in communities living along its edge, thereby giving people a reason to leave the trees standing. In other words, forests are better REDD than dead. (See the top 10 animals stories...
...trade represents a mere 18% of Xi'an's GDP, compared with 160% in Shanghai. Xi'an is being built instead on the burgeoning spending power of its own consumers, and on the expansion of Chinese companies churning out products for Chinese. "The domestic market will be the leading reason for China's future development," says Chen Baogen, Xi'an's mayor. "Xi'an is different from the coastal cities." (See pictures of the making of modern China...
...Zhanrong, the dealership's deputy general manager, can barely keep the Wulings in stock. Sales of the minivans - manufactured by a joint venture between General Motors, Liuzhou Wuling Motors and Shanghai Automotive Industry - are up some 40% this year, Xu says, with about 50 purchased each day. One big reason, Xu explains, is that his customers, and especially those who come in from the nearby countryside, don't worry as much about saving for their old age as they had in the past. "Now they find they have more money, to spend and enjoy life more, however they want...
...There is also concern that growth will slip backward once China's recession-fighting stimulus is scaled back. One reason Xu's minivan sales have accelerated is government tax breaks and rebates offered on certain car purchases - incentives that won't last forever. State subsidies have also been given to rural residents to spur sales of refrigerators and washing machines. Though the government is implementing longer-lasting plans to convince citizens to spend more money (including a $125 billion program to improve national health care, especially in less developed regions), those efforts will take years to reach their full impact...