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Making the product cheaply available isn't the whole answer. Distribution - which is largely the job of health officials and NGOs - has proved particularly difficult. The problem lies in how to successfully monitor the supply chain while still minimizing costs, and so far, no good solution has been found. Vasella recalls visiting a Catholic mission in a Tanzanian village recently and finding that the nuns there were still paying $1 per dose. "We have all the intermediaries marking up the price dramatically," he says. "We've heard reports of some charging as high as $8 a dose to get Coartem...
...Once booming businesses are resorting to desperate discounting to try to keep customers coming. In Hong Kong, 1,000 restaurants have joined together to offer dishes such as dim sum and roast pigeon for one Hong Kong dollar (about 13 cents). In Taipei, Taiwan's capital, fast-food chain KFC held a press conference last month to announce 50% discounts on every second meal ordered, only to have McDonald's employees interrupt by parading with signs promoting $2 lunch specials...
...conditions at Hsinchu have never been so dire in the park's 29-year history. Wu says that two years ago, the companies that job hunters most often sought out using his service were microchip makers and electronics manufacturers; last year, the most-searched-for company was convenience-store chain 7-11. "I think there's extreme panic right now," Wu says...
...themselves a collection of other poorly rated mortgage bonds. In a rising real estate market, such risks were deemed acceptable. When it was issued in March 2007, 93% of the Jupiter deal was rated AAA. But when things unwind--and have they ever--any default gets compounded by the chain of linked bonds. The multiplier effect works like this: while 4.4% of the typical loans tied to Jupiter's bonds are in default, nearly 59% of Jupiter's investments are now worthless. Hello, toxic asset. (See the top 10 financial collapses...
...captain Kelly Mooney said. “From sprints to middle distance to distance, we have very strong competitors. I am looking forward to the distance swimmers starting us off strong.”What makes the Harvard squad so unique is that there is no kink in the chain. The team has been consistently strong in all of its meets throughout the entire season. At the Harvard-Yale-Princeton double-dual meet, the Crimson demonstrated its enormous depth, earning a top-two sweep of the 200-yard backstroke, 100-yard butterfly, and most notably, the 400-yard freestyle relay...