Word: shifts
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Dates: during 2000-2009
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...unveiling on Wednesday morning of the Senate's long-awaited draft legislation to reduce U.S. carbon emissions and shift the country to a clean-energy economy signals that Washington is inching ever closer to addressing global warming. The sweeping bill, sponsored by Democratic Senators Barbara Boxer and John Kerry, will cut U.S. greenhouse-gas emissions 20% below 1990 levels by 2020, and 83% by 2050 - targets that in the short term are a bit more ambitious than a similar carbon cap-and-trade bill passed by the House two months ago. "This is the beginning of one of the most...
...actually cut greenhouse-gas emissions, disappointed some. It was remarkable, after eight years of stonewalling from former President George W. Bush, to see a U.S. leader rally the rest of the world to combat global warming, but Obama kept his carbon promises vague, suggesting his limits. (Read "A Wind Shift in the Global Warming Debate...
...highest magnitude. Likewise, after getting tied up in highly leveraged purchases of their own homes, American consumers have been forced to get thriftier. History Professor Niall C.D. Ferguson has even warned that New York may go the way of Venice and become just another tourist center, underlining a permanent shift in the economic balance of power from West to East...
Throughout his remarks, Yudhoyono sought to characterize the future of international relations as one of peace and the mutual exchange of ideas. But he also drew attention to the shift in the global balance of powers away from Europe and toward Asia, whose economic growth in recent years has spurred calls for greater world recognition. Indonesia’s economy grew at a rate of over 6 percent in the past year...
...Geoghegan, will relocate his office back to Hong Kong in February, 2010. The decision is yet another sign of the growing economic influence of Asia. Calling Asia the bank's "strategically most important region," HSBC said in a statement that Geoghegan's move "further positions the Group for the shift in the world's center of economic gravity from West to East." (See 10 big recession surprises...