Word: buyer
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Dates: during 2000-2009
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...Critics of scrapping schemes point out that they are like administering a shot of adrenaline to a sick patient - first there's a rally, then there's a collapse. Like others in Europe, Germany's scheme is temporary. Buyer applications equivalent to a third of the program's $1.9 billion budget have already been submitted, with the remainder expected to be filed long before the program's Dec. 31 expiration date. When similar initiatives were launched in France and Italy in the early 1990s, Rhys says, "there was a big sag in the market when the scheme ended." That same...
...This change in the habits of American car buyers will not go away as the recession ends. Consumers have learned a too painful lesson. There is nothing attractive enough about anything that is new, whether it is a car, a digital camera or a boat to justify financial anxiety. By most estimates sales of light vehicles in the United States in 2009 will drop to about 10 million. Three years ago that number was closer to 16 million. Even if the economy begins to expand at the same rate at which it was in the middle of this decade...
...using her knowledge of the industry to infiltrate trafficking rings across the country. She gathers information about the victims, where they are from, how much they're sold for and who is buying them. Most often she poses as a buyer for overseas clients, a cover that enables her to snap pictures of victims and claim that they are for her potential customers. She drags out the negotiations for several days, knowing that the victims are usually sold during that period. Playing a disappointed pimp helps keep her cover intact, she says. She can't rescue the girls...
...There's no question that it's a buyer's market for raw materials, and that many resource companies are struggling to find willing partners and financiers. China's Rosneft injection will allow the Russian company to pay off $8.5 billion in debt - 60% of it owed to foreign banks - that matures this year. Beijing looks like the last, best hope of miners and drillers...
...liters from 10% to 5%. The measure, designed to get Chinese to buy smaller, more fuel-efficient vehicles, has had an immediate impact. January sales of small cars jumped 19% compared with the previous month, according to the China Association of Automobile Manufacturers. Also boosting buyer interest: Lower road taxes and fuel prices, which are set by the government. (See TIME's picks of the 50 worst cars of all time...