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Extreme global poverty could be eradicated by the end of the next decade under optimistic new targets unveiled by the World Bank that have divided development experts.
But even under optimistic timetables, a complete array of missiles, warheads, sensors and control systems is not expected to enter the arsenal until 2017 to 2020, long after Mr. Obama will have left office, even if he is elected to a second term.
"To reach the production level of Portugal and Spain, two countries that are not known as leaders of the world economy," Mr. Putin said, "it will take Russia approximately 15 years" even under optimistic growth assumptions of 8percentt a year.
Sea level forecasts by a coalition of scientists show that the Silicon Valley bases for Facebook, Google and Cisco are at risk of being cut off or even flooded, even under optimistic scenarios where rapid cuts in greenhouse gas emissions avoid the most severe sea level increases.
Still, with Japan stagnating in the grip of deflation, the government's domestic debt levels are certain to rise "even under optimistic assumptions," Moody's said, adding that the government seems unable or unwilling to come to grips with the future financial burdens that are likely to be felt as Japan's population ages.
An analysis by Democrats on the House Budget Committee last week concluded that the roughly $2 trillion federal budget in the coming year would be $8 billion in deficit under optimistic assumptions about the economy and the costs of the response to the terrorist attacks, and $70 billion in deficit under pessimistic assumptions.
Similar(41)
Interest payments on the debt would be $360 billion lower under the optimistic scenario, $740 billion higher under the pessimistic one.
Interest on the debt would be $270 billion less under the optimistic scenario, or $270 billion more under the pessimistic projection.
Even under an optimistic scenario, it was expected to lose money for years.
Under an optimistic scenario, in which the UK continues to have a free trade agreement (FTA) with the EU, losses would be 2.2% of GDP.
Mr. Radjou said that, even under an optimistic scenario, it will be March or April of next year before there are protocol standards to permit interoperability.
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