Word: interests
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...That panic is felt by politicians and policymakers, who have slashed interest rates and hiked fiscal spending in an attempt to stimulate growth. In January, Taiwan's government doled out $2.6 billion in spending vouchers - or about $100 a person - to encourage consumers to splash out. The administration of President Ma Ying-jeou is also pushing a $14.7 billion program of infrastructure projects through the legislature, which includes funding for construction of better bridges and more subways. Singapore in January announced a $13.4 billion "Resilience Package" that will increase the country's budget deficit to a record level. Yet there...
...hang on to the largest slice of a global tourism pie valued at nearly $900 billion. To that end, Paris is rolling out a campaign introducing new quality standards for businesses serving tourists, the goal being to get Parisians to act with greater hospitality out of economic self-interest (since go-out-of-your-way kindness to strangers is not, shall we say, a particular Parisian strength). Tourism boards have set up information and hospitality offices at airports and throughout metro Paris. To address the looming shortfall of hotel rooms, the municipality plans to add 7,500 rooms...
Backers of the current effort have been heartened by the apparent swell of interest in the idea, especially since a similar measure stalled in the Senate two years ago. And crucially, Obama supports the idea, unlike his predecessor. Yet the bill faces an uphill climb, even if it gets to the President's desk. Long legal challenges are a certainty, and many observers - including the respected Congressional Research Service - think the Supreme Court may consider the law an overreach. "Under that power, they could create 20 seats for military areas. Or they could give 10 seats to Puerto Rico," George...
...fought a constant struggle with the Allston community over the details of the expansion across the river. But now, at this point in the construction, a chorus of residents finally agrees that the continuation of Harvard’s growth across the river is in residents’ best interest. We encourage both sides to see this as a new common ground for the furthering of the Allston project. If the university fails to recognize and capitalize on this newfound enthusiasm for construction, it will surrender an opportunity for goodwill and progress with our Allston neighbors. Of course, most importantly...
...adequate. Many of the trips they take are short hops, like the 10 minutes between the White House and Andrews Air Force Base. "It is an example of the procurement process gone amok," Obama said after McCain queried him about the new helicopters ("I didn't have as much interest in the presidential helicopter," McCain noted on Tuesday, "as I had several months...