Word: slow
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That the U.S. economy should slow was perhaps inevitable. In 2005 there were just 10.7 million Americans age 80 and older. By 2030 there were nearly 18 million--1 out of every 20 people. Continued advances in medical science meant that more and more people were living as long as a century--good news for the likes of media mogul Rupert Murdoch, who celebrated his 100th birthday in 2031. But the rising proportion of the population in retirement imposed an ever higher tax burden on those still working. It also placed a sustained strain on the U.S. balance of payments...
...turnaround could go a long way toward helping Esprit maintain its frenetic pace. "Because growth rates have started to slow down, they need to get into bigger markets where their penetration is low," says Macquarie retail analyst Ramiz Chelat in Hong Kong. Hello, U.S.A. By 2002, sales had fallen to $150 million, from $700 million in 1987, according to Macquarie. Krogner got control of Esprit's American business when Ying bought the U.S. trademark in 2002. (The company is now publicly traded; Ying owned 15.8% as of the end of 2005.) As part of the acquisition, Krogner forced a shutdown...
...that's just fine by quants. "What we're really trying to do is deliver a consistent value added," says Joel Dickson, who runs quant investing at Vanguard. Translation: Slow and steady--and a little nerdy--wins the race...
Four out of five Americans support efforts to curb global warming, but our leaders in Washington have been slow to act. And it's not the first time. Many of the most important advances in clean-air and environmental policy, including energy-efficiency standards for appliances and clean-car laws, have started in California, spread across the country and finally been embraced and consolidated in national legislation. So Washington, do you hear us? A national approach is inevitable, and we should start now, before states form a patchwork of 50 different plans. Predictability and consistency will encourage businesses across America...
...Revelation is as much about the transforming power of art. It's safe to say that with the film's Australian release this week, along with a screening in the Toronto Film Festival's outr? Visions section, few will be left unmoved by Revelation's sexual sparks and slow-burning philosophical musings-not least the filmmakers. "Everyone who became involved in the film was utterly changed by it," Kokkinos says...