Word: annualized
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Dates: during 2000-2009
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Uribe was first elected in 2002 on a campaign pledge to crush the guerrillas. As the rebels retreated, the annual number of displaced persons fell. But now the yearly figures mirror those registered during the most horrific years of the war. Many of the victims have been targeted by a new generation of private armies whose ranks include paramilitaries who disarmed earlier this decade. Unlike the ideologically driven death squads of the 1990s, these new militias are focused on drug-trafficking. Colombian police put the number of new armed groups at eight. But the New Rainbow Foundation, a Colombian...
...takes that relationship a step further. The Coda sedan (the body is made by another Chinese auto company, Hafei Motor) will run for about $45,000 when it goes on sale in California in 2010. Coda expects to sell about 2,700 cars in the first year, with an annual sales target of around 20,000. For Coda's Czinger, the China connection allows him to keep his costs low and, more importantly, to manufacture on demand, which cuts his risk considerably. There's no other way a startup could compete - even one that just pulled in $24 million...
Beloit College's annual compendium of facts and trends that reflect the cultural outlook of the incoming college freshmen class...
Negotiations between GM and Magna - based in Aurora, Ont., it's one of the world's biggest auto-parts suppliers, with annual revenue of $23.7 billion - have hit one roadblock after another. A key sticking point is disagreement over Magna's right to use GM's technology and engineering, particularly in Russia and Eastern Europe, where the parts company has plans for aggressive expansion. (See the most exciting cars...
...least the next couple of weeks. If the auto-sales rate drops below expectations, there is always a chance Congress may come up with a similar or totally new stimulus idea, but that won't likely happen unless we experience another period of sustained sub-10 million level [in annual car sales], which I hope never happens again...