Word: cheaping
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...can tell when the politicians are getting serious about an issue: they stop taking cheap shots at one another and suddenly become pragmatic. Amazingly, that's happening right now on global warming. Just as the Nobel Prize-winning Intergovernmental Panel on Climate Change warns of "abrupt and irreversible" damage if we don't take immediate action, a serious piece of climate legislation is beginning to pick up speed in the U.S. Senate...
Joto Sake now boasts 150 restaurants and retailers that offer its 10 brands from six Japanese producers. Sales doubled in 2006 from 2005, and Sidel expects to break even this year with revenue of a little more than $1 million. "Sake is transitioning from the image of being cheap, hot and in a little carafe that gets you hammered to one of a fine wine with a lot of complexity, flavor and craftsmanship," he says...
Among the peakists, war and economic breakdown are favorite themes. They figure that cheap oil is the essential fuel of modern capitalism, which will founder without it. A more hopeful take is that innovation is the essential fuel of modern capitalism and that high oil prices will drive rapid advances in conservation and alternative energy. Either way, the beginning of the end of the oil era may be upon us, well ahead of schedule...
...Cheap foreign food can change appetites, and attitudes. As Europeans develop a taste for other peoples' cuisine, they are asking why billions of euros should be funneled to their own farmers, particularly when the biggest recipients of Europe's largesse are not honest yeomen toiling to make ends meet, but rich landowners like Queen Elizabeth and Prince Charles...
...British press was writing obituaries for Savile Row's tailors, whose hand-sewn suits typically start at around $6,000. Even some of the oldest and most august establishments were threatened by rents that had jumped 50% in 10 years. The street also faces growing competition, both from cheap Asian knockoffs and from expensive made-to-measure suits by luxury brands such as Tom Ford and Giorgio Armani. "But now, at least, we're fighting back," says Anda Rowland, vice chairman of the venerable tailoring firm of Anderson & Sheppard. And, according to the industry's 14-member association, Savile...