Word: slow
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...center of the legislation is an effort to transform a slow and reactive government apparatus into a preventive food-safety system. Every processor or importer would have to implement plans to identify biological and chemical hazards in its products, like the salmonella discovered at a Georgia peanut plant linked to a national outbreak of the infection in 2008. Firms would be required to maintain strategies and procedures to prevent or stop such dangers. The FDA would set minimum requirements for plans and audit them, a government tool that may have headed off the peanut-borne bacteria that resulted...
...further, making it cheaper for companies to borrow and expand their businesses. According to Credit Suisse, the average yield on bonds with an investment-grade rating has dropped a full percentage point to 6.2% from 7.2% at the beginning of the year. "The concern that higher interest rates will slow the recovery is prevalent among a lot of market watchers, but it is not a concern of mine," says Carl Lantz, U.S. interest-rate strategist at Credit Suisse...
...Finally, rising interest rates are often a harbinger of good things to come. Yes, an uptick in interest costs can slow a galloping economy. But in recessions, like we are in now, higher interest rates usually signal better economic times ahead, not worse. For instance, the yield on the 10-year government bond rose nearly 20% in November 2001 - the last month of that recession. Indeed, many economists believe the rise in interest rates now signals a return to normal, and not a sign that we are in for more trouble...
...there so few distilleries trying to reinvent the drink? From my own personal observation, it's that the larger companies, the Pernod-Ricards of the world, are slow to react because they have a safe base. They make a lot of money, so why challenge that? The other aspect is that whiskey, as a whole, is seen as a very traditional drink. So if you do something innovative you're going against the grain, if you pardon the pun. (See reviews of 50 American wines...
...Down with Li Peng," naming China's then Premier as responsible for the killings. Entire buildings were draped in black flags. Office workers were given lists of random fax numbers in China and asked to transmit newspaper clippings of events, news of Tiananmen having been suppressed in China itself. Slow-driving protest convoys of motor vehicles took to the streets at night. Wild rumors flew around - one held that Communist Party General Secretary Zhao Ziyang, a student sympathizer, had fled to Guangzhou and was preparing to mobilize southern divisions of the People's Liberation Army in an uprising against...