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Monterrey is home to many of Mexico's largest companies, some now in the vanguard of going global. They benefited from their proximity to the U.S. and from imitating its business culture. (The Dallas Cowboys count about 1,400 Monterrey fans as season-ticket holders.) They also bulked up on Mexico's earlier import-substitution policies, which positioned them well for the challenges and opportunities when the North American Free Trade Agreement (NAFTA) came into force in January 1994. The lion's share of $200 billion of foreign investment that has rolled in since then--two-thirds from...
...Model United Nations and moderated Saturday’s mock assembly. “Their ideas were far more creative than high school Model United Nations students’.” Meanwhile, in Sever 305, the girls got a very brief introduction to Mandarin—learning to count up to 10 and making posters that said “Strong Women, Strong Girls” in Mandarin. Previous incarnations of SWSG’s semesterly on-campus event included Career Day and Health and Sports Day. Saturday’s theme grew out of a desire to take...
Companies can use the software to measure the risks and rewards of moving into new markets and products or making capital investments. Myriad data and assumptions can be plugged in: competing technologies, changes in government regulations, what rivals may do. The one constant most businesses can count on is churn. "If you know something to be true, it's already history," Williams says. Prediction software, he argues, makes it easier for executives to "accept uncertainty and move...
...surprised that pop star BRITNEY SPEARS and dancer turned rapper KEVIN FEDERLINE sued each other for divorce and custody of their two kids. 1) Total time Brit spent in her first marriage: 55 hr. 2) Status of K-Fed when the two started hanging out: single--unless you count the pregnant girlfriend. 3) Method by which they developed a trusting and intimate relationship: doing a reality show. At the end of the day, it says something when a wife files for divorce, then goes ice skating, and the next day her spouse shouts from a stage, "You know...
...less than a year to improve its general standing in the minds of voters. If he is to win office, leader Kim Beazley can't rely solely on the rises in home mortgage rates that would hurt borrowers and leave Prime Minister John Howard vulnerable. Nor should Beazley count on Australians giving Howard the kind of thump U.S. President George W. Bush received last week for his grim war in the Middle East. To fix its brand, as they say in the trade, Labor has to go beyond Iraq and I-rates. "We have spent too much time asking what...