Word: cheaping
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...when the physiological activity of the brain ceases, as far as anyone can tell the person's consciousness goes out of existence. Attempts to contact the souls of the dead (a pursuit of serious scientists a century ago) turned up only cheap magic tricks, and near death experiences are not the eyewitness reports of a soul parting company from the body but symptoms of oxygen starvation in the eyes and brain. In September, a team of Swiss neuroscientists reported that they could turn out-of-body experiences on and off by stimulating the part of the brain in which vision...
...quickly that Hong Kong became uncompetitive in basic manufacturing compared with newly emerging economies elsewhere in Asia. Geography saved the day. In 1979, Deng Xiaoping began opening China to foreign investment, and Hong Kong manufacturers decamped to the mainland to take advantage of the country's vast supply of cheap workers. The trading firms stayed behind. In fact, as more and more manufacturing moved into China, locating a headquarters in Hong Kong, on the doorstep of southern China's industrial parks, became imperative. William E. Connor & Associates, for example, was originally founded as a purchasing office for foreign companies...
...offices of Li & Fung in Hong Kong's Kowloon district and its staff will track down the best fabrics, buttons and other components at the best prices and hire the right manufacturers to sew the clothes together. With 72 sourcing offices in 41 countries, the company delivers more than cheap sweaters. Li & Fung can tap into over 8,000 factories making anything from carpets to dog brushes. In 2006 alone, the company was involved in the production and shipment of some 2.4 billion shirts, toys and other consumer goods?an amount that has quintupled since 1999. "We're creating...
...Fund, which foresees more good years to come, at least until 2010. Globalization is acting precisely as predicted - as an engine of growth that accelerates investment by leveling borders and speeds up consumption by driving down prices. These competitive pressures also bear down on costs, and so money remains cheap while (core) inflation is safely confined. If U.S. growth has slowed a bit, Japan and Euroland are no longer a drag on the global economy. More significant is the uptick in confidence. Last year, those morose Europeans called off their consumption strike, and so consumer spending is up by around...
...pounds—now is the time to reward yourself for passing them (hopefully). Wander the nocturnal Rue Crescent and admire the fashionable foreign students spilling out of Montreal’s hottest clubs like Electric Avenue and Karina. If you are feeling predatory, try Peel Pub, where beer, cheap shooters and McGill freshman vomit all flow freely. Listen to some alternative rock and punk bands at Les Foufounes Electriques. Try not to notice that all of the students are back in class as you headbang to silence. In a shocking twist of fate, the city did not choose...