Because China does not disclose the composition of the basket, setting the value of the yuan in this way provides its currency managers with a high degree of flexibility.

FORBES: MTD's 2011 Predictions

If costs continue to fall and safety standards continue to rise, the true promise of air travel would arrive: ordinary people would enjoy a high degree of flexibility and convenience that, until now, has been available only to the rich.

ECONOMIST: Air travel

LEAF's 24 kWh lithium-ion (Li-ion) battery is comprised of 48 compact modules of four cells each (192 cells total), which allows a high degree of packaging flexibility.

ENGADGET: Nissan starts US production of 2013 Leaf, vows faster charging and a lower entry price

Given the high irreversibility of CCS investments, the high degree of uncertainty (technical, commercial, political, regulatory) and the operational flexibility to defer the investment, firms tend to be reluctant in making any investments in energy solutions.

ECONOMIST: The benefits of CCS