Word: risen
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They were the odd couple atop the world's largest industrial corporation. One was a consummate organization man who had risen fast by mastering the bureaucracy of a giant company, the other a feisty free spirit who had built a billion-dollar firm from scratch. For two years everyone had wondered what would become of the uneasy chemistry between General Motors Chairman Roger Smith, 61, and H. Ross Perot, 56, the company's largest shareholder...
...over the past decade. There's less school violence and juvenile crime. And the death rate for suicide among 15-to-19-year-olds was lower in 2003 (when 7 kids in 100,000 killed themselves) than in 1980 (when 9 in 100,000 did so). SAT scores have risen during the same period...
...pirated DVDs of first-run Hollywood movies available for 75 cents on the streets of Shanghai are all too real-despite repeated pledges from the Chinese government to crack down on rampant intellectual-property theft. And China's trade surplus, which rocketed to $177.5 billion in 2006 and has risen from less than 2% of its total economy to around 7% in five years-surely Beijing has something to do with that. But instead of substance, the Americans got a soliloquy-which may explain why, during Wu's speech, some of the U.S. delegates looked bored, fidgety or downright annoyed...
...Will China take Paulson's message to heart? The yuan has risen slightly since last month's summit in Beijing, but it's still not clear that Hu and his fellow leaders have any real sense of urgency on trade and currency issues. Lardy, the Institute for International Economics fellow, is skeptical that there will be any significant policy changes soon. He calls China's leaders "momentum players," observing that they are loath to change course while things are going well. After all, China has double-digit economic growth, huge trade surpluses, and more than a trillion dollars in foreign...
...possibility courtesy of sheer talent (the Agassi factor) and a strong finish to 2006 in Russia's Davis Cup victory. Then again, it's easy to be biased toward a player who presents as charming, funny, candid, self-deprecating, philosophical and smart. Safin's compatriot, Nikolay Davydenko, who's risen to world No. 3 despite a body that appears more suited to chess, has been a quarter-finalist in Melbourne the previous two years and could sneak into the semis this time before many fans can say his name right. James Blake (U.S.), Tommy Robredo (Spain), Tommy Haas (Germany), David...