Word: braziller
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...Brazil's Tramontina has joined the global trend of outsourcing, with a curious twist: the cookwaremaker is moving manufacturing jobs to the U.S. Tramontina last month reopened a shuttered plant in Manitowoc, Wis., and plans to move both line production and raw-material processing there from China. "Once we started looking, we figured out it would be very economical to make our products domestically," says Antonio Galafassi, president of Tramontina USA. Although labor costs are higher, the plant's efficiency and its proximity to big customers offset that disadvantage. The company opened a distribution center in Houston in 1986, when...
...raise pressure on Tehran by referring the matter to the UN Security Council for action, but the EU and others are reluctant to agree because they fear this will accomplish little, and could scuttle any attempts at a peaceful solution. In addition, countries such as Malaysia, Argentina and Brazil that have their own peaceful uranium enrichment programs do not want to put those programs at risk by sanctioning Iran for activities permitted under the NPT. That could make it difficult for the 35 members of the IAEA to achieve the consensus necessary to refer Iran to the Security Council...
Gilliam is no stranger to conflict. His 1985 movie, Brazil, looked set to gather dust on the shelves until he took out an ad in the trade paper Variety publicly asking the studio boss, "When are you going to release my movie?" He needles the moguls, yet he needs them--and he hates that. "Hollywood," he says, "is run by small-minded people who like chopping the legs off creative people. All they want to do is say no." Yet he acknowledges his wayward streak: "I'm so perverse that I go the opposite direction of whatever's going...
...Fisher King had freed him from feeling guilty about his girlfriend's death in a car crash. "But there's a dangerous side to affecting people," says the director. The Oklahoma City bomber, Timothy McVeigh, was inspired by Robert De Niro's sinister portrayal of a dissident in Brazil and took the character's surname, Tuttle, for his alias...
...Indeed, financial markets greeted the change without a fuss. But much like the famous butterfly of chaos theory, which flaps its wings in Brazil and sets off a tornado in Texas, Beijing's decision portends momentous consequences for the global economy down the road. Scrapping the dollar peg is widely seen by economists as the first step toward a free-floating, and much stronger, yuan. If the yuan continues to appreciate, China's new currency policy could reorder global trade and investment, boost the power of Asian consumers, and address global trade imbalances. U.S. Treasury Secretary John Snow...