Word: demand
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Today the tigers are being tripped up by this same lifeline. As consumer and industrial demand dries up in recession-racked Western countries, East Asia's export-led nations are proving to be highly vulnerable to a synchronized global slowdown. Among the tigers, overseas trade is shrinking with frightening speed: Taiwan's exports in January plunged 44% from the same month a year earlier, while Singapore's fell 35% and South Korea...
...weeks between April and June, there will be at least seven different kinds of Pepsi on the market: Pepsi Natural, Pepsi throwback, regular Pepsi, Diet Pepsi, Caffeine-free Pepsi, and Kosher Pepsi. I can’t blame the soda companies though. They’re responding to consumer demand by offering “natural sugar” alternatives to their product.The real problem is that in all the brouhaha about inverted cane sugar vs. beet sugar, people seem to be forgetting that, whether soda is made with HFCS or pure cane sugar, soda is still empty calories. Even...
...commandeered four tractor trailers, including a tanker filled with fuel, and blocked traffic along a Nairobi highway. Three police officers who tried to talk to the students retreated under a hail of stones. Some of the protesters were clearly spoiling for a fight, chanting, "Tear gas, tear gas, we demand tear gas!" As the protest wore on, people working downtown locked themselves behind security gates in stores and restaurants and peered anxiously through the grilles...
...will put enormous strain on corporate Japan, which is running out of workers - something that could be ameliorated by substantial immigration if Japan's leaders were bold enough (none has been) to prepare a traditionally closed society to open itself up. And an aging society will play havoc with demand for medical services and pensions. (Read "Chinese Immigrants Chase the Japanese Dream...
...plunged, then limped, then plunged again. (The Nikkei index is down 82% from its peak in 1989, and recently hit a 26-year low.) Banks that had once been the envy of the world had to be recapitalized. Growth picked up again after the turn of the century, as demand in China and the U.S. grew, only to be clobbered by the global recession and the collapse of external demand. In January, Japan's exports were an astonishing 46% less than they had been a year before...