Word: digitalizing
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Dates: during 2000-2009
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...Brazil, for example, last year elected former labor leader Luiz Inácio Lula da Silva as President. In Peru, antiglobalization riots (most often prompted by complaints over industry privatization) have become common. And the "Bolivarian Revolution" of left-wing Venezuelan President Hugo Chávez has brought double-digit economic contraction to that country. As a result, Mesa's support in Bolivia will be fragile at best - especially since he pledged to maintain economic-austerity policies. "Goni was completely linked to foreign interests and foreign capital against Bolivia's interests," said Jaime Solares, head of the Bolivian Workers Central...
...fatal flaw of the latest political push is that the result will be little more than a taxpayer-financed windfall for the pharmaceutical industry. Neither bill contains provisions for controlling costs, meaning that, as prescription drug prices continue to rise at double-digit rates, the promised benefits will be quickly outpaced by higher prices...
...marriage seems like an uncharacteristic risk, but perhaps a necessary one. Many of GE's divisions--plastics, power turbines, insurance--are faltering in the weak business climate. The company missed its storied, double-digit annual growth last year and may again this year; the stock has been halved from its high of $60 in 2000. Back in 1986, CEO Jack Welch diversified with a similarly risky move--by acquiring NBC. It paid off; NBC's profits surged 20% for the first half of this year, ahead of every other group save one. The merger, says Wright, shouldn't slow profit...
...International poll last week showed Kerry running 21 points behind Dean in New Hampshire, the neighboring state for both men and one in which a loss could be devastating for either. Kerry's forces say their private numbers don't look quite so grim, but they acknowledge a double-digit gap in a state where their man was leading slightly more than a month...
...company's tendency to rise, shine, blaze and heat up. Pacific Sunwear, as it is more formally known, continued the perpetual daylight when it announced last week that its second-quarter profits jumped 84% compared with the same period last year. Sales also increased at hefty double-digit rates, up nearly 23%, to $234.4 million...