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...from zero at the recession's onset), and China's current account surplus has fallen from 10% of GDP to about 6.5% of GDP. Both are improving for the same reason: shell-shocked consumers in the U.S., where the unemployment rate is 9.8% and rising, have snapped their wallets shut. Now that it's pouring, they have started saving for a rainy...
...Paulo Fernando Soares, China chief executive for Indian wind-turbine maker Suzlon Energy, says his company has successfully bid for provincial-level projects, but Suzlon and all other foreign firms have been shut out of national-level wind-base projects in Gansu, Hebei and Inner Mongolia. While the Chinese manufacturers are able to sell turbines cheaper than foreign firms, Soares argues they can't match foreign-made equipment in terms of reliability and overall track record. "The Chinese government has decided that they want to develop wind bases, that they want to promote a local industry and that they want...
...ominous discovery - the result of Boero's request that all Italians report their jellyfish sightings - came during a series of unusually prolific jellyfish seasons ? over the past five years. This summer, jellyfish outbreaks forced numerous resorts along the Mediterranean coast to shut their beaches. In Corsica and Tuscany, several swimmers were wounded by Portuguese man-of-wars, jellyfish-like creatures with a potentially fatal sting. In Tunisia, a swarm of jellyfish engulfed a fish farm, killing the year's production of sea bass and sea bream...
Once a body of water becomes infested with jellyfish, it's not so easy to engineer a recovery. The Black Sea has begun to recuperate, but only after a convergence of several unlikely occurrences: many of the region's fisheries shut down when their stocks fell, the breakup of the Soviet Union sharply cut the amount of fertilizer in the sea, and another alien jellyfish, the Beroe ovata, which preys on the Mnemiopsis, not fish, was accidentally introduced to the water. "It's taken three separate events," Richardson says. "The point is you can't just stop overfishing and expect...
...Crimson’s successful defensive play started early as well. Harvard shut out the Big Green in the first frame, holding it to only two first downs before the end of the quarter...