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...quickly awakened to the threat of a sharp slowdown. Until a few months ago, Beijing's top priority had been fighting inflation. Now policymakers are easing off the brakes and hitting the gas again in an effort to stimulate growth. The central bank lowered its benchmark interest rate twice in the past 45 days, the first cuts since 2002. In mid-October, the State Council announced plans to increase infrastructure spending, to offer tax rebates for exporters and to boost government-controlled prices for agricultural products. Beijing is also widely expected to introduce measures to resuscitate the faltering property market...
...problem for the Republican is voters like Paul Blackburn, a 65-year-old bus driver from Eupora who shook hands with Childers at the Mathiston diner. Blackburn voted for Bush twice--and would a third time if he could. He believes that all news stations are biased except Fox, which is where he says he learned that the Clinton Administration created the current economic meltdown by coddling Fannie Mae and Freddie Mac. "I believe in God, I believe in the war in Iraq, and I don't have a lot of use for Nancy Pelosi," he says. "But Travis, well...
...issues. For years, AIM was a fabulous growth story, attracting more than 2,500 companies from around the globe. But in the first eight months of this year, only 85 companies listed on AIM, compared with 201 in the same period a year ago--and almost twice as many have dropped off it. "Capacity is massively down," says Tom Nicholls, a partner at the London law firm LG who specializes in matters related to AIM. So are the nomads--their number has dropped from...
...room told me. "It wasn't a perfunctory recitation of talking points. They were arguing their respective positions, in a respectful way." The other two Senators - Chuck Hagel and Jack Reed - told Petraeus they agreed with Obama. According to both Obama and Petraeus, the meeting - which lasted twice as long as the usual congressional briefing - ended agreeably. Petraeus said he understood that Obama's perspective was, necessarily, going to be more strategic. Obama said that the timetable obviously would have to be flexible. But the Senator from Illinois had laid down his marker: if elected President, he would...
...However, seats couldn't be secured with Air Tahiti Nui, so a more circuitous route had to be taken: from New York to San Francisco to Sydney to Papeete. That itinerary would have the couple traveling some seven hours out of their way and crossing the International Date Line twice. Not the wedding gift they'd hoped...