Word: rising
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...from automakers to fast-food retailers, is enjoying a more bullish earnings outlook too, thanks - you guessed it - to the dropping of GM stock, which had been a load of lead on the sector's profitability. As a result of offloading GM, earnings for the group are expected to rise...
...Other parts of China are witnessing similar disaffection among angry, unemployed youth. But Xinjiang, like Tibet, is crucially different. With their sizable non-Han populations, unrest in those two regions conjures up one of the Chinese leadership's worst nightmares: the rise of a separatist movement that would presage the breaking up of the whole country. Given the enormous economic and social challenges China faces, Beijing values stability above all, and will do practically anything to maintain it. (Read "Tensions Remain As Chinese Troops Take Control in Urumqi...
...Greek youth. Some commentators attributed the eruption to anarchist groups, but, as elsewhere in Europe, structural flaws are just as much to blame. "In Greece, all flexibility in the labor market comes from young workers and the evolution of their wages is completely flat, while it continues to rise for people in their 40s or 50s," explains Philippe Askenazy, researcher at the Paris School of Economics. "The Greek problem stemmed from the fact that prospects for young people are more negative than for their parents." (See pictures of the riots in Greece...
...spread of video cameras and the rise of YouTube have not been very good for police officers' public image. The cable news channels love playing footage of police misconduct, including that of an NYPD officer who was prosecuted for shoving a bicycle rider in Times Square. Are officers learning to behave better? I don't know if it's dawned on them yet, but they certainly should be. The NYPD is like a battleship. You don't turn it around very quickly...
...money that banks have loaned thus far in 2009 already exceeds the total amount loaned for all of last year. Speculative froth in China's financial markets abounds. Long-futures interest on copper contracts on the Shanghai Metals Exchange - bets that the price of copper will continue to rise - recently exceeded the total amount of copper delivered into China in 2008. Research Edge's Barber believes Beijing is buying current growth at the expense of the future. Politically, he acknowledges, Beijing's leadership may not have had any other realistic choice when the developed world collapsed last fall...