Word: businessese
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Shipments of powdered milk from Belarus are providing a temporary respite. The government is "increasing the amount of powdered milk in order to reduce the demand on liquid milk," says Roger Figueroa, executive director of the Venezuelan Milk Industry Chamber. Such shortages of milk and other food staples have intermittently...
Spurred to action by the defeat of his constitutional referendum last December, Chavez is tackling the problem aggressively for the first time since he took office nine years ago. He says businesses have been hoarding goods until they can be sold at higher prices. In the last two months, he...
Chavez's harangues also have their effect. "Controls of these economic variables can work [to combat inflation]," says Orlando Ochoa, an economist and opposition sympathizer. "However, if you add an aggressive political speech [that threatens] private property... then things become worse, because the private sector becomes reluctant to invest and...
The end of the football season might mean rest and relaxation for the many players of the NFL, but for more than 30 that have come to Cambridge this week, playtime is over. The football players—who include New England Patriots defensive end Richard V. Seymour and Cleveland...
Cuba analysts like Latell still believe Raul will pursue economic if not political restructuring. Machado, a doctor who served as a medic to the Castro brothers' rebel army and has been at their side since Fidel took power in 1959, may be a geriatric hard-liner, but he is also...