Word: spacings
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...Some economists worry that oversupply in both the residential and commercial real estate markets has already prompted a downturn in pricing, and that the recent government initiatives could lead to a hard landing. In Beijing, vast swaths of commercial space sit vacant - including floors of retail space right next to the iconic Water Cube, the swimming venue for the 2008 Olympics. According to Colliers, commercial rents are now a shade lower than they were last year and residential prices have also begun to weaken. Residential prices, according to China Reality Research data, peaked late last year and are now headed...
...what's going on? First off, food deflation in 2009 impacted the entire grocery business. However, a strategic shift from Walmart backfired a bit. In order to implement its "Project Impact" plan, which called for less clutter in the aisles and more space given to other product categories like toys and electronics, the store offered a narrower selection of brands and package sizes in its grocery section, which accounted for some 45% of its store space. This move had a two-pronged effect. Some shoppers, faced with a less robust grocery selection from Walmart, decided to make an extra trip...
...better image," but warns the building spree is putting an enormous strain on the city's infrastructure. "The Trump Ocean Club is just another example of the chaotic situation Panama City finds itself today," Gandasegui said. "It is squeezed into a tiny dead-end street where it will share space with another dozen similar buildings. It will be part of a permanent traffic jam created by its designers." (Indeed, in a bid that may trump Trump, a project may soon be underway to build Los Faros, an 85-floor gargantua flanked by two 75-story towers...
Every minute of floor votes this week, Pelosi spent chatting up wavering members, as she was Thursday, sitting with Rep. Zach Space, an Ohio Democrat, who voted for the House version in November but now says he's undecided. And she's seen a steady trickle of Yea votes being declared, including today Rep. Tom Perriello of Virginia, Rep. John Boccieri of Ohio and Rep. Chris Murphy of Connecticut. She smiles and nods and prods, but for the most part favors carrots over sticks. She has a near eidetic memory for peoples' names and faces; she can tell...
...Cancún to create a multilateral organization promoting regional unity - a body that includes all 32 Latin American and Caribbean nations but pointedly excludes the U.S. and Canada. The Community of Latin American and Caribbean States (CELAC) "makes possible an old desire that [we] have [our] own space for dialogue and political resolutions," says Salvador Beltrán del Río, Mexico's Foreign Relations Undersecretary for Latin America and the Caribbean. Calderón has also announced that Mexico will host the next U.N. global climate-change conference, starting Nov. 30, also in Cancún. Says...