Word: welling
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Dates: during 2000-2009
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...then collected data on top executives' salaries in the auto and financial industries. None of those at the bailed-out firms, in Feinberg's view, should receive more than the average pay for that position in their industry. Then he got feedback from within the firms on how well each individual...
...many European countries speculators build tax-subsidized holiday homes, and then rent them out at exorbitant rates while receiving substantial tax relief on their mortgages. The result is to price local people out of the property market while losing agricultural land to so-called residential development, which may well stand empty for more than half the year. Tax benefits for property speculators are costly and regressive and any politician considering ways to save money should give them a long hard look. M. Esdaile Walker, COLOGNE, GERMANY...
...China, they generate GDP, generate tax revenue, generate employment, I do not see a reason why the Chinese government would let them die," he says. "A parent may like one child more than the other, but at the end of the day I think they will continue to do well and continue to do business in China." With the rest of the global economy still stagnating, life as China's stepchild may be the best some international firms can hope...
...Certainly, his fellow Netizens feel that his efforts are by no means hopeless. Han's blog, which has registered well over 200 million hits since it was started in 2006, making him one of the most popular bloggers on the planet, covers everything from the minutiae of the amateur racing world to diatribes about the hot social issue of the day on the Internet. "Neither fame nor wealth have changed his honesty or the sharpness of his criticism," says novelist Zhang Yueran of Han. "To me he's like the little boy in The Emperor's New Clothes, whose provocative...
...what if Sarkozy has a point? After all, the figure at which he was taking aim - gross domestic product - was never intended to gauge anything other than how much money was changing hands. Yet we routinely use economic growth as shorthand for how well a country is doing. If we're going to use a metric to track our progress, shouldn't we choose something that measures the things we care about? (See pictures of President Sarkozy...