Word: shifting
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...Politicians from Italy's rich north tried to block the deal because Air France has promised to shift Italy's main hub from Milan's Malpensa back to Rome. On Monday, Milan mayor Letizia Moratti pleaded in vain for Alitalia's managers to reconsider a partnership with German carrier Lufthansa...
Lenders are rethinking their reliance on credit scores. In the past year, an increasing number of banks have begun turning to court documents, phone bills and other nontraditional ways of measuring creditworthiness to bolster their lending decisions. The shift comes at a time when the financial industry is suffering from a record number of loan defaults, particularly in the mortgage business. Industry experts say the widely used credit scores, the most famous of which is called the FICO, have not proved as effective in ferreting out bad borrowers as many lenders had anticipated. (Read TIME's "Bailout Report Card...
...Duck with bacon-and-egg ice cream. (That same year, when two contestants whipped up bacon ice cream on Bravo's Top Chef, Tom Colicchio turned to his fellow judges and wondered how long until Ben & Jerry's came out with one.) But the real mass-market shift started two summers ago, when Vosges Haut-Chocolat put out the $7.50 Mo's Bacon Bar. "I was a vegetarian at the time," says owner Katrina Markoff, who trained at Le Cordon Bleu, "but I decided to make an exception for bacon." To her shock, the bacon bar became her best-selling...
...borders. Israel's population of 7.1 million is today divided into 5.4 million Jews and 1.6 million Arabs. But if you include Arabs in Gaza and the West Bank, they may already have a slender majority; and given their higher birthrate, the gap will widen quickly. This tectonic shift in demographics is what scared even hawkish Israelis like former Prime Minister Ariel Sharon into abandoning the biblical dreams of a Greater Israel stretching all the way from the Jordan River to the Mediterranean. As Olmert recently warned, "If we are determined to preserve the Jewish and democratic character...
...bold Arab intellectuals are saying Palestinians should abandon the idea of a two-state solution and just wait until they outnumber the Jews. That would take decades, and it may rest more on wishful thinking by Palestinians than a real calculation of political reality. But the population shift underscores a plain fact: for Israel, the status quo won't be good enough for much longer...