Word: demande
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...convenient and long-standing tradition south of the border is for Mexico to blame its problems on the U.S. It can often be justified when the matter is the drug-trafficking violence now terrorizing much of Mexico, which is powered in large part by the insatiable gringo demand for drugs, the relentless flow of high-powered weapons from the U.S. and the just-as-chronic laundering of drug cash north of the border. As Washington hyperventilates over the threat of Mexico's narco-carnage spilling into the U.S., it can't ignore America's role in its neighbor's trafficking...
...over to U.S. soil - Attorney General Eric Holder recently called the cartels a "national security threat" - the Obama Administration on Tuesday unveiled a border-security plan that will put more than 500 federal agents in border states. More significantly, the plan calls for stronger measures to reduce U.S. narco-demand, cut off weapons-smuggling into Mexico and lasso more of the billions of dollars heading to the drug cartels. "This is a supply issue and it's a demand issue," said Janet Napolitano, Homeland Security Secretary and former Arizona governor. Clinton's seemingly surprised Mexican counterpart, Foreign Relations Secretary Patricia...
...through inventories. That is being interpreted as good news because once inventories move close to zero, factories will have to increase production to replace them. That analysis glosses over two possibilities. The first is that the economy is bad enough that inventories may not drop at expected rates. Low demand may cause them to decrease much more slowly. That could push back a renewal of manufacturing activity for months. It is also possible that some factories will simply be out of business and the sources of goods for replacing dwindling inventories will have gone away. The normal supply chain...
...will review oil and gas leases for Arctic waters, and for now, the sudden drop in the price of oil has blunted some of the impetus to drill. Although Salazar is in no rush to go fishing for petroleum, as soon as the world economy recovers, so will demand for oil and the pressure to drill offshore in Alaska. And that pressure will surely only grow as climate change causes the Arctic ice to recede. But that is precisely the lesson that must be remembered from the Exxon Valdez: that some parts of the world are too precious...
...redefine the low end of the market, Tata Motors is struggling with its attempt to gate-crash the luxury-car segment. Last year, the Indian carmaker made auto-industry waves when it spent $2.3 billion to buy Ford Motor's lossmaking Jaguar and Land Rover (JLR) business. Since then, demand for luxury vehicles has tanked, sales of Tata Motors other models have softened, and the company faces a looming deadline to refinance $2 billion in loans for the JLR deal. "That's a major cash-flow crunch for them," Jajoo says. The company is pursuing several options: floating shares...