Word: brink
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Hyundai fought its way back from the brink with a combination of Korean determination and American ingenuity. As labor woes subsided in the '90s, the company's managers started plowing money into manufacturing technology. Hyundai invested in design centers in California, Michigan, Germany and Japan. And, like other big automakers, Hyundai began to integrate its suppliers into the manufacturing process, which drove down costs--and mistakes. Last year Hyundai Motor all but cut ties to its eponymic parent, Korea's largest industrial conglomerate, which like many of its counterparts is mired in a web of debt and bad investments...
...Yugoslavia. International donors said that the loans and grants were intended to help the Yugoslav Federation rebuild its economy. Milosevic, the first former head of state to face a war-crimes tribunal, will appear before the court this week to hear the charges against him. MACEDONIA Back from the Brink Mediators pulled Macedonia back from civil war after the evacuation of armed ethnic Albanian rebels from a village near the capital sparked violent Macedonian Slav protests. Amid a flurry of diplomatic activity - a new E.U. envoy, François Léotard, arrived in Skopje - NATO approved a conditional plan...
...last month's acquisition of the Italian sports-car maker Qvale Automotive, which will help the company launch a new MG sports car next year, show an aggressiveness that is winning management some key fans. "We're increasingly positive about the future, especially since [this] company was on the brink of the abyss a year ago," says John Mantle, owner of Mantles Group in Biggleswade, England, which operates two Rover dealerships. "Looking ahead, I think they'll continue to prove the pundits wrong...
This time around there won't be any McGwire-family love-ins at home plate. No adorably accented declarations about how wonderful the game has been to him. No Maris family watching, square-jawed and teary-eyed, from their box seats on the brink of inevitability...
...celebrated former Soviet dissident, by virtue of leading Israel's largest Russian immigrant party, has become something of a political kingmaker in the Jewish State and now serves as housing minister in the cabinet of Prime Minister Ariel Sharon. And, he says, that cabinet was on the brink of launching an all-out war on Yasser Arafat's security forces last weekend, when foreign intervention persuaded them to hold...