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...Buttressing that sort of attitude are the limited ways in which Chinese citizens can put their nest eggs to work. Bank interest rates remain regulated and miserly - offering less than 1% return on a standard savings account - and China has only just begun to open the door to its citizens being able to invest legally abroad. For most savers, that leaves real estate or the stock market - and if an apartment is the equivalent of a bar of gold, the stock market is the equivalent of a casino. Generally speaking, the Chinese love to gamble, but they love their bars...
...Analysts say the tit for tat illustrates the different styles of the companies. "[O'Leary] is a strong believer in getting any sort of publicity for Ryanair," says John Strickland, a London-based aviation consultant. "EasyJet's position has changed. When it was born it was relatively cheeky as well. ... Now it's taking more of a sober approach. Stelios is not going to take O'Leary up on his sumo wrestling offer." Still, Strickland says, both companies are well aware that a healthy rivalry can be good for business: "It certainly raises the profiles of both companies." (Read...
...Austin richly illustrates, in the wake of the worst economic downturn in generations, that sort of innovation is starting to happen. And from that, the jobs will follow...
...That sort of coordination among workers, educators and companies is vital, considering that it can be difficult if not impossible for individuals to know which job to train for next. Even the head of Workforce Solutions admits that focusing on biotech, green energy and video games is really just an educated guess based on Austin's historical strengths and industries that seem poised to grow. One of the reassuring things about capitalism is that over time, workers and companies are pretty good at figuring out the most productive ways to get together. In the short term, though, that realignment...
...Jeanty Jean Williams of the southern Nippes department, is that the current legislature create a "regional state council," with 30 members chosen from designated civic groups around the country. That body's job in turn would be to help put together a "national state council" to act as a sort of interim parliament until formal legislative elections can take place, perhaps next year. "That is the most popular alternative," says Williams, "because of its [regional] inclusiveness" in the process of not only choosing Haiti's leaders but directing quake recovery. "It involves a broad representation of Haitian society interfacing with...