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...long as the production increases are done for the right type of vehicles - such as high-demand, low-supply, gas-efficient cars and crossovers - and for the right price point. Recently announced production increases are modest and fit this description; therefore, I'd agree with them. The worst-case scenario for dealers - and the manufacturers - is to have qualified buyers on your lot and not have the inventory to sell. (See the most exciting cars...
...Furthermore, just because house prices overall may be rebounding, that doesn't mean everyone benefits. Looking at the Case-Shiller data broken down by house price makes clear that the high end of the housing market is still in trouble. For low- and mid-tier houses - roughly, those costing less than $430,000 - prices in June rose between 2.3% and 2.6%. For more-expensive houses, prices nudged up just...
...into a van to make the 270-km journey to a women's prison outside the capital of Kuala Lumpur. Instead, the van pulled over after just 200 m while officials from the Prisons Department, the Attorney General's chambers and the Islamic courts argued over the case. In the end, a decision was made to defer the caning because of the Ramadan fasting season that had started on Sunday. "This is sad, [because] I am being kicked about like a football," Kartika said on her return home. "I was hoping to be caned and get on with my life...
...Kartika awaits her punishment, Malaysian Prime Minister Najib Razak spoke out on Tuesday, advising her to appeal her sentence. Kartika's case has sparked global condemnation, and presumably Najib would prefer not to deal with any body blows to Malaysia's international status. "I believe the authorities concerned are sensitive on this matter and realize the implications of this case," he said at a press conference. "I feel the person concerned should appeal to the state authorities and not be so willing to accept the punishment." (Read "What to Expect When You're Going to Jail...
...many in Greece, the inferno is a case of devastating déjà vu. Almost exactly two years ago, more than 70 Greeks died in a wave of deadly blazes that seemed to sprout almost simultaneously around the country. The government pledged then to improve the country's overstretched fire services. But as they watch live coverage of panicked residents fleeing their homes once again, many Greeks are asking what, if any, lessons were learned from the tragedy in 2007. (Read TIME's 2007 article "Athens Is Burning...