Word: grewing
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...Chinese growth is private investment. Corporate profitability in China was deteriorating even before the worst of the global financial crisis hit, and that will soften investment, which makes up more than 40% of GDP. In the first 11 months of 2008, profits at 350,000 enterprises in China grew a mere 4.9%, down from 37% in the same period in 2007. "We're already seeing a huge swing in the fortunes of Chinese companies," Walker says. "When people see a very different investment environment, they actually cut their investment. That's the real danger China is facing at the moment...
...British writer John Fowles, embracing as he grew older the pleasures of meadow and garden, saw this clearly. “What has to be done,” he said, “is to get this vast and growing army of the indifferent to see nature as a daily pleasure of the civilized life.” He turned his own talents as a writer to this task, allowing his imagination transport back to June evenings spent with “cream-white furbelows, bee-loud and brave against an azure sea of the acacias...
...million HMC paid its top officials in 2003. When Harvard proceeded to sharply reduce HMC executive compensation, CEO Jack R. Meyer left the company along with many other successful money managers. It should not be forgotten that, in Meyer’s 15-year tenure as CEO, the endowment grew from $4.8 billion to $25.9 billion. The experts needed to run HMC are entitled to the salaries the financial industry would otherwise afford them; risking their departure in a knee-jerk reaction to the recent economic crisis could—in the future—place Harvard?...
...Though he grew up in a family of Democrats, Steele turned to the Republican party during the Reagan administration. Steele also credits his mother's refusal to go on welfare as a reason why the Gipper's message of self-reliance appealed...
...That doesn't mean, of course, that the new Israeli premier - probably Netanyahu - is going to listen. During his campaign this past week, he claimed that he would allow West Bank settlements to expand. (Last year, according to the Israeli human rights group Peace Now, settlements grew by 69% over the previous year.) If Netanyahu insists on refusing to close down the settlements, it may be the Israelis that the Obama Administration and Mitchell find themselves lecturing...