Word: sustainers
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...developed economies - not have a double dip as the economic bears would argue, but just flatten out. The thing that is different this time is that the developing countries are coming out of this thing very strongly and their own domestic demand is going to sustain them. So they are going to be an important driving force for the global economy. It's worth noting that developing economies are now 35% of the global economy. They are going to be a new factor...
...Brace for impact. The global recession has hit air carriers everywhere, but a sharp decline in passenger numbers is especially bad news for India. With oil prices rising to $73 a barrel, Indian airlines - which carry just 2% of the world's passengers - could sustain more than $2.5 billion in losses this year, accounting for one-fourth of the projected $9 billion in losses for the entire industry, according to the International Air Transport Association. Weighed down by overcapacity, debt and the government's refusal to provide bailouts, Indian carriers are being forced to slash their operations and reduce ticket...
...deal with tear gas and quickly re-emerging from alleyways during charges by Revolutionary Guards dressed in black riot gear and wielding batons. Several of the protesters interviewed said they had read lengthy handbooks distributed via e-mail on how to act in street protests. (Read: "Crackdown Helps Sustain Iran's Protest Movement...
...substantive reforms when 80% of the system stays the same. The need for simplicity has also forced Obama to stick with - indeed, to double down on - the current practice of having employers provide health insurance. This is the weakest, most illogical part of the system. It is difficult to sustain in a global economy where American corporations have overseas competitors that aren't saddled with providing health care for their employees...
...small businesses in the north, both of which, critics say, may be politically popular but are unlikely to make an economic impact. Muttukrishna Sarvananthan, principal researcher at the Point Pedro Institute of Development, notes that Rajapaksa has so far failed to explain how he will generate enough growth to sustain Sri Lanka's $2 billion military budget, an amount almost equal to remittances sent home by Sri Lankans working abroad, or pay for the massive infrastructure needs of the north. "It's a lot of talk, but not much is happening," he says. (See pictures of the deadly attack...