Word: short-term
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There's the Argentine rub. Short-term, the country is booming; long-term, it's considered high risk. "There is still a sensation of uncertainty," says former Finance Under Secretary Miguel Kiguel, "a perception that we don't have clear long-term rules." FDI fell to just above 2% of Argentina's $212 billion gross domestic product in 2006, thanks to lingering doubts about creditworthiness that President-elect Fernndez will have to confront...
...Weller, 57, the head of Nestle USA, calls it a "global company with a Germanic personality." And Brabeck nurtures "the Nestle spirit," even co-writing a nine-page brochure that tries to explain it. "Nestle people do not show off" is one definition. Another: "Nestle is skeptical of short-term fads and self-appointed gurus...
...Global Climate Disruption.” Holdren, who served on Clinton’s Advisory Committee on Science and Technology, said that the U.S. should lead the formation of a new set of global standards that would reduce the ratio of greenhouse gas emissions to economic output in the short-term and develop tradeable rights to emissions based on population in the long-term. The Kyoto Protocol, which commits nations to reduce greenhouse gas emissions, will expire in 2012. The U.S. has not ratified the agreement. “The United States must switch from being a laggard in climate...
...Undergraduate Council (UC) announced on Sunday that it had come to a short-term agreement with the administration regarding the distribution of party grants, but Interim Dean of the College David R. Pilbeam denied yesterday that any such deal had been reached...
...identified key impediments to the work of MI5. One culprit in his view is short-term thinking. "We know that the strategic thinking of our enemies is long-term. But public discourse in the U.K. works to a much shorter timescale, whether the electoral cycle or the media deadline. We cannot view this challenge in such timescales. If we only react tactically while our enemies plan strategically, we shall be hard put to win this," he said...