Word: businessmen
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...world's third-largest financial center has responded to every shift in the bargaining like a sampan in a typhoon. As uncertainty over Hong Kong's future mounted, untold billions of dollars left the colony; foreign consulates have been flooded with visa applications from jittery locals, businessmen in particular. The value of the Hong Kong dollar fell 40% last year, as did the price of choice properties. The Hang Seng stock market index, perhaps the most vivid thermometer of economic faith, has dipped by more than 30% in the past two years. With confidence somewhat buoyed by Howe...
...reformers talk glibly about fostering more cooperation between business labor, and government--an idea going around for quite some time now--but by and large they don't specify how this is going to come about. Instead, they are content to excoriate union leaders for being "short-sighted" and businessmen for being "greedy...
...American businessmen sometimes think of Japan as the cradle of modern manufacturing innovation and efficiency, but competition in Japan is keen and failure is common. Last week Japan's Riccar went bankrupt the old-fashioned way. They earned it. This was the fourth-largest bankruptcy in Japan since World...
...this improvement is the government's success in curbing inflation and holding down wage increases. Inflation has dropped from last year's 9.3% to 7.1% this year, and Chevalier predicts it will fall even further, to 5.5% in 1985. Businessmen are once again investing, encouraged by incentive measures from a government that has rediscovered the virtues of the private enterprise system. Like its neighbors, France is exporting more. But, again, in France unemployment remains a problem. The number of jobless will reach 2.5 million this year, or 10% of the work force, and rise...
...lecture a month .. . Should media 'stars' take fat lecture fees-while the media continually criticize members of Congress for the size and frequency of the honoraria they receive for making speeches?" Columnists Rowland Evans and Robert Novak, Bailey points out, "sponsor a semiannual Washington seminar for businessmen, who pay several hundred dollars each to spend a day Listening to high Government officials and political leaders." How obligated, Bailey asks, are Evans and Novak to officials who help them make money...