Word: viewings
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...prepared to hazard the view that the post-Lehman meltdown is now over and the market is stabilizing" is how Ian Shepherdson of High-Frequency Economics greeted Wednesday's reported rise in new home sales. "That's not the same as a recovery, but it is better than continued declines in sales." (See which businesses are bucking the recession...
...sweet, back-slappy guy with an $11 flattop, was 100th in seniority when he was elected two years ago. He landed the worst office in the U.S. Senate, which isn't bad--it being an office in the U.S. Senate. There are high ceilings, marble everywhere and a view of a courtyard. But half of his space is on the second floor of the Russell Senate Office Building, and the other half is divided between two unconnected offices on the third floor, so his 19-member staff is always running up and down. Also, there's no hot tub. None...
...votes to pass the Senate, rather than the 60 it takes to overcome a filibuster under the normal rules. "If it's partisan, the minority party can find all kinds of ways to throw sand in the gears, and outside groups will start to mobilize," he warns. "My view is, we can get more than 60 votes." To do otherwise, he says, is to risk having the whole program come apart as it is being put in effect. "Once it becomes partisan," he warns, "the chance of success is diminished...
...back in 1996, Manuel has steered his country from near bankruptcy to steady growth. There's a long way to go. Around one-third of South Africans still live on $2 a day or less. At the same time, Manuel has also helped transform how the rich world views the poor one. Globalization has given new status to places like Brazil, China, India, Russia and South Africa, but the institutions that manage the global economy - the U.N., the World Bank, the International Monetary Fund - still reflect the world as it was at the end of World War II. Manuel...
Manuel knows what it takes to bring the powerful round to his point of view. He grew up poor in Cape Town. Under the apartheid racial-classification system, he was considered "colored," or mixed race, and thus confined to a home in the Cape Flats, the hot, treeless townships between breezy Table Mountain and leafy Stellenbosch. As a 5-year-old, he witnessed apartheid's bite when his classmates were divided by color. "Suddenly half the kids in my class at school were no longer there," he says. "And so politics came to me." In the 1970s, Manuel gravitated towards...