I have three reasons: 1) It synchronizes all my personal data -- including Outlook Notes -- and documents without my ever having to think about it, whereas the Psion is prickly in the same matters; 2) it runs AOL Instant Messenger, which the Psion cannot; and 3) I prefer the Jornada's notebook-style touchpad to the Psion's stylus-dependent touchscreen.
"Over the medium term, the economy is projected to continue rebalancing away from investment toward private consumption and from industry to services, but nonfinancial debt is expected to continue rising as a share of GDP, and the accumulation of vulnerabilities clouds the medium-term outlook," notes the IMF report.
Wal-Mart raised its earnings outlook, noting that better inventory control helped to limit markdowns on merchandise.
Rodriguez, however, clung to the positive outlook, noting that his pursuit of No. 500 has not become a pain in the neck.
"The illness of the head of state coincides with an similarly adverse economic outlook," noted Roberto Deniz in the opposition newspaper El Universal.
However, the world's biggest mining company gave a cautious outlook, noting that demand in the Chinese market had yet to reflect the government's effort to dampen spending.
Even the IMF report that welcomed Spain's impressive growth rate – one of the strongest in Europe – also stressed the shaky jobs outlook, noting that unemployment was "still painfully high" and that "vulnerabilities remain".
Even away from the zone of greatest risk in the nation's heartland, minor flooding, which can inundate roads and basements, remains a risk east of the Mississippi River and in parts of California and Nevada, the outlook noted.
But the I.E.A., an autonomous group that represents oil-consuming nations, wrote that it was trying to interpret a confusing outlook, noting that the European economy is stagnant, while trends for China, the big source of demand growth in recent years, are hard to predict.
As the OECD's recent Employment Outlook noted, the empirical evidence points to a clear correlation between high levels of job protection and high levels of unemployment.Belatedly, Europe's governments are realising this, and coming round to the need to free up their labour markets, not tie them down in even more red tape.
In testimony before the Senate Banking Committee, Mr. Greenspan delivered an on-the-one-hand, on-the-other-hand assessment of the economic outlook, noting clear signs of slowing in recent months but warning that growth could rebound and that inflation by some measures appeared to be creeping up.
