Word: diesel
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...fuel subsidies will ripple through economies, increasing costs across a wide range of industries, boosting inflation, undermining government budgets and stirring up unrest among citizens who are already feeling the bite of slower growth. In India, as elsewhere, the main reason governments impose controls on petroleum products such as diesel, kerosene and liquefied petroleum gas (LPG) is to help millions who live on less than $1 a day - and to give politicians a chance to stay in power on election day. "There's the economics of it and there's the politics of it," says Suman Bery, director-general...
...Codes of conduct hammered out in corporate offices in the West can lose in translation when applied overseas. Mukhtarul Amin, managing director of Superhouse Ltd., an Indian clothes manufacturer that counts Esprit and Diesel among its clients, candidly admits that he can meet only 95% of his social responsibility commitments. Some, he says, are just too difficult, or aren't relevant to Indian society. French retailer Decathlon requires suppliers to have official documentation of workers' ages. "They don't know that a large number of Indians in rural areas have no such documents," says V. Srinivasan, a Superhouse manager...
...imagine how it would feel—so smooth and sleek upon my body. The thought was riveting. And you know what? Dammit, I needed this.I walked over to her, glaring. As she looked up, I said: “Yes. I would like to buy this pair of Diesel jeans.”They were the perfect jeans. Dark wash, slightly worn at the thigh. Slim, but not too slim, with creases at the pockets and behind the knee. They were button fly, like all Diesel jeans. And, my God, when I tried them on, I just knew...
...Irrawady, two nearly week-old bodies, an adult and a child, lay among the storm's detritus of plywood, bamboo and coconut husks. Near the corpses, people went about their lives, tying bamboo poles together to build temporary lodging and jostling for limited supplies of cooking oil and diesel fuel. Prices have at least doubled, a further blow to people who lost all their savings when Nargis swept through...
...latest call for a change of course came from economist Jeffrey Sachs, special adviser to U.N. Secretary General Ban Ki-moon, who this week urged the European Parliament to scrap the E.U.'s much-touted target of increasing biofuel's share in Europe's diesel and gasoline consumption to 10% by 2020. Last year, E.U. governments spent an estimated € 3.7 billion ($5.2 billion) on subsidising biofuel production...