vi. & vt
This year the list features nine heads of state who run nations with a combined GDP of $11.8 trillion — including the No. 1 Power Woman, German Chancellor Angela Merkel. The 24 corporate CEOs control $893 billion in annual revenues, and 16 of the women here founded their own companies, including two of the three new billionaires to the list, Tory Burch and Spanx’s Sara Blakely. Speaking of, this year’s class has 14 billionaires valued in excess of $82 billion.
White people’s officially privileged status waned over the latter half of the 20th century with the demise of discriminatory practices in, say, university admissions. But rising wages, an expanding social safety net and new educational opportunities helped offset that. Most white adults were wealthier and more successful than their parents, and confident that their children would do better still.
May the coming New Year bring you joy, love and peace.
Busting through the glass ceiling
Here's how the pay of prime ministers and presidents of the world's biggest economies stacks up, according to official data and converted into US dollars at market rates.
Interest in wearable technology isn’t limited to technology companies. Mercedes-Benz is porting its mobile experience to a wearable device, while Virgin Atlantic is exploring the customer service aspect of Google Glass on a trial basis. Kenneth Cole is also using Glass as part of a marketing campaign.
3. Elasticity of Demand.The cure for low prices is low prices. That cliché can be applied to both the supply and demand side of the equation. Will oil selling at fire sale prices spur renewed demand? In some countries where oil is more regulated, low prices may not trickle down to the retail level. Countries like Indonesia are scrapping subsidies, which will be a boon to state coffers but will diminish the benefits to consumers. However, in the U.S., gasoline prices are now below $2.40 per gallon, more than 35 percent down from mid-2014. That has led to an uptick in gasoline consumption. In the waning days of 2014, the U.S. consumed gasoline at the highest daily rate since 2007. Low prices could spark higher demand, which in turn could send oil prices back up.
Although old, some of these ships are typically used as first-line patrol ships by developing countries—the Philippines and its ex-U.S. Navy minesweepers and tank landing ships are one example. At least two of the Philippine Navy ships are veterans of the Allied landings in Europe, with one having taken part in the D-Day invasion on June 6th, 1944 (BRP Laguna, top) and the lesser known landings in the south of France in August, 1944.
5. Women keep rising.
6. 《出租车》(Taxi)，导演贾法·帕纳西(Jafar Panahi)。
By far the oldest ship mentioned in the video is the Russian salvage lifting ship Kommuna, a ship so old it has served in three navies under two different names. Laid down in 1912, she entered service with the Czar’s navy in 1915 under the name Volkhov. After the Russian Revolution she was renamed Kommuna and served with the Soviet Navy.
The December budget deal was hardly the kind of confidence-boosting agreement Washington has been debating for years. But at least it hit the pause button on the serial brinkmanship that threatened to derail the recovery each of the past three years.
British golden girl, Lily Donaldson - who has been a cover girl for the likes of Vogue - showcased her own sultry take on summer style, wearing a white semi-sheer, strapless dress to the event. The 30-year-old model looked simply sensational in the nearly transparent number.
A lot of people study better with others. If that's you, form a study group in your class or join one that's already organized.