Word: digitization
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...being a camel," says Yu, 38, a native of Sichuan province, in southwestern China. So she is negotiating with American publishers to sell their books on Dangdang. Yu says Chinese readers are particularly fond of architecture and design books. The four-year-old company has continued its triple-digit sales growth and this year produced positive cash flow...
Well, the big drop is in 18-to-34-year-old men. Obviously, cable is trying to take credit for taking some of that away. In addition, there have been some questions about some Nielsen [ratings] inaccuracies in that demographic. To have double-digit losses in 18-to-34-year-old men has never happened in the history of television...
Even so, workers remain tense about nearly everything--job security, benefits costs, puny raises. A nationwide health-care squeeze is contributing to these concerns. Insurance premiums are up 14% so far in 2003, and this will probably be the third straight year of double-digit increases. Though the Federal Government has cut taxes, many state and local governments, facing budget crises, have raised them in one form or another for property, tolls, college tuition, cigarettes, automobile registration. With an inflation rate of 1.2%, prices for goods and services have remained essentially flat, but we're still feeling the pinch. Adding...
...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...