Recessions And Depressions


PARIS - At the Paris auto show, the car market's fortunes appear to come down to three C's: clean, cheap and China.

PARIS - Sizzling, sleek designs for a carbon-conscious world headlined Thursday as global automakers rolled out their latest high-tech models at the Paris auto show, hoping for rebound in a struggling car market.

CARACAS, Venezuela - On a hilltop overlooking Caracas, dozens of shacks made of wood scraps and corrugated zinc have risen among tall weeds - a new slum tacked on to an old one as the poor face harder times in Venezuela.

WASHINGTON - The Obama administration claimed this week that $100 billion invested in innovative technologies under the economic stimulus law is "transforming the American economy" by putting the nation on track for technological breakthroughs in health care, energy and transportation.

BILOXI, Miss. - On the great yawning porch that once belonged to Confederate president Jefferson Davis, two women sit in rockers listening to the cicadas and looking out over Mississippi Sound as they wait for their tour to begin.
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