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...lucrative than the open market. Two years ago, the Germany-based Fairtrade Labelling Organizations International (FLO), which sets worldwide prices and standards, raised the minimum per-pound price of nonorganic coffee 9¢, to $1.35 (a dime of which goes to social programs like scholarships for growers' children). That's 15?? higher than the current market rate. And yet, according to Fair Trade researcher Christopher Bacon of the University of California, Berkeley, the per-pound price that's needed for farmers to rise above subsistence is really more than $2. Farmer advocates are urging the FLO to consider raising the price...
...China, though, Coke has remained focused on sales volume, selling soda in small bottles for as little as 15??. It just introduced a 355-ml bottle--a little more than half the size of its more traditional plastic bottle--for 35¢ in places like the southern coastal provinces, which have been hard hit by the slowdown in exports. Coke's China president, Doug Jackson, says he'll take what he can get in a tough economy. "If you have a little less kuai in your pocket," he says, using the colloquial word for Chinese currency, "folks look for where...
...merchandise sales during the first six months of this year, according to a report given to Huh's investors. His advertising model is low rent; 30% of ads go for premium prices of up to $8 per 1,000 page views. The rest can sell for as little as 15?? - but legions of devoted followers pull in the necessary volume. In July, Huh's sites attracted a total of 10.4 million unique visitors, many of whom logged on multiple times a day. His online success has even landed him speaking engagements in the venerable newsrooms of the Guardian...
...reality kept seeping out from behind the curtain. At the Grand People's Study House, a sort of public library that conducts free classes in a variety of subjects, a colleague accidentally opened a door and found herself in a classroom that was dimly lit and at least 15??F (8°C) colder than the ones we had been shown. Some of the students wore winter jackets and hats. Earlier that morning, a member of the orchestra arrived late for a lavish breakfast buffet and found a couple of waitresses taking pictures of the mountains of unfinished food...
Bush vetoed the measure because of its Bizarro World price tag, which split the difference between a $14 billion House version and a $15??billion Senate version with a $23 billion consensus bill. Defenders say it has been seven years since Congress approved flood-control projects, and House Speaker Nancy Pelosi has championed the bill. But the corps already has a more than $50 billion backlog of unfinished projects, and investigations had exposed its dysfunctional habits--wasting money, draining wetlands, cooking its books to justify boondoggles--long before its bungling drowned New Orleans. Still, corps projects are a form...