Word: recentered
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...reasons that GDP did so poorly is that capital expenditures fell at an annual rate of 38%. A fair portion of that drop was due to slow activity in the housing market. Recent figures on home sales should cause any capable analyst to believe that housing will not be a source of any hope for a recovery...
...After the GDP numbers were released, the Fed put out the minutes of its two-day Federal Open Market Committee. At the core of the statement was one of the greatest hedges in recent memory...
...everyone is following that advice. Despite recent gains, the average Aussie today eats less than a quarter of a kilo of kangaroo a year, compared with more than 37 kg of beef and veal. In 2007, the entire kangaroo industry, which includes pet-food and hide sales, was valued at about $30 million, compared to over $1.4 billion for Australia's sheep business. "I'm sure those producing kangaroo got a bounce out of [Garnaut's report], if you'll pardon the pun," says Brett Heffernan, a spokesman for the National Farmers' Federation. "But it's not likely to take...
...Still, a recent study found that 76% of Australians living in Canberra, where kangaroos are common, supported culling to control population, and more than half supported culling for commercial purposes. With a little help from global warming and the recession, the industry's biggest p.r. challenges may be behind it. "People are smart; they will Google anything and make up their own mind," says Borda of Macro Meats. "It just needs to do its time." Australus may not be the new beef yet, but Borda and others in the business hope demand will keep growing by leaps and bounds...
...Admissions Office, where 29,112 hopeful students sent their painstakingly crafted essays, letters, and applications to be reviewed this year, is the most exclusive in the country. Behind this machine are 70 people—from Dean William R. Fitzsimmons ’67 to recent alumni to current Harvard students—who together determine the fate of each applicant, with only 7 percent receiving the coveted acceptance letter earlier this month.THROUGH THE MACHINE Once students click “send” on their computers or drop their applications into the mailbox, Anderson’s work begins...