Word: systemic
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...Tomar, a track-and-field champion turned mountain bandit, becomes a parable about the frustrated poor. Khan says the film, written and directed by Tigmanshu Dhulia, an old friend from drama school, appealed to him because it follows the hero once he has been forgotten. "It talks about our system," he says. "It's a sign for any nation, any society - how much they are prepared to care for a talent." (See pictures about the business of Bollywood...
Most Greeks agree that the tax system (see following story) and the bloated public sector, nicknamed "the country's sickest patient," are at the root of Greece's current problems. In a country of 11 million people, almost 850,000 workers are employed by the state, which means they receive 14 monthly paychecks instead of 12. Many enjoy a work day that runs from 7:30 a.m. to 2:30 p.m. "The state must change the mentality of the public employee," says one investor and economist, Timos Mellisaris, who calls Greece's public sector "the last communist frontier." Greeks like...
According to an 80-page finance-ministry plan released on Jan. 15, that revolution will reduce spending by cutting operating expenses by 10% and freezing wages and new hiring. The plan also calls for an improved tax-collection system and the creation of an independent statistics service, which should make it harder for officials to manipulate data. Parliament has passed a 20% tax on alcohol and tobacco, and other tax hikes are rumored. This worries executives like Doros Constantinou, the CEO of Coca-Cola Hellenic, which sells soft drinks in 28 countries. "An increase in taxes will have an impact...
...What?" by Joe Klein [Feb. 1]: President Obama spent a year working within the system to bring change. Wrong choice. Special interests gutted the reform out of the health care, banking and climate-and-energy bills, showing that congressional Democrats are as susceptible to the influence of money as Republicans. The President now understands. After the Massachusetts election, he went over the heads of the system to ask for help in getting action on banking reform. Now it's us vs. Wall Street in a fight to win over our Representatives...
...alert system at our warehouse went off; within an hour we were mobilizing for Haiti. Our warehouse is like a Walmart for disasters. We tailor the box contents to each crisis. A summer flood in Sudan requires more mosquito nets than a winter earthquake in Nepal. Haiti is tropical, so we put in fewer blankets and added extra water-purification tablets...