Word: direness
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Still, both companies see short- and long-term upsides to joining forces. Chrysler is in dire straits, considered the closest to collapse of the Big Three. The $4 billion in federal loans it received last month to help keep it afloat, and the additional $3 billion it hopes to obtain in March, carries the stipulation that the company move quickly to find ways to produce smaller, more fuel-efficient models, which have long been Fiat's bread and butter. "A Chrysler-Fiat partnership is a great fit," said Chrysler chairman Bob Nardelli in the joint communiqué. "It creates...
...rescued Rohingya in India and Indonesia are likely to be "repatriated" to Bangladesh - a return to Burma would spell arrest and far worse. The Rohingya's lot in Burma is dire, says Sean Garcia, a consultant for the Washington-based Refugees International. "They are not allowed to survive," he says. Denied state documents, the Rohingya have to apply for permission to move from village to village, to repair a mosque, even to get married. Rohingya frequently fall victim to forced-labor drives by the military. The Burmese government, say Rohingya rights-groups, sees them as interlopers in the predominantly Buddhist...
...owns 16 daily papers and another 16 magazines in the U.S., is one of the sturdier media giants. The P-I's main rival, the Seattle Times, is owned by a local family and is enmeshed with the P-I in a joint operating agreement. It, too, is in dire straits. Seattle, noted Horsey and others, could become the first major U.S. city without a daily newspaper...
Unfortunately, this is only going to draw more fire on the company over its disclosure. Unfortunately, when you have a top CEO like this facing dire health conditions, the duties of the company default to its shareholders rather than to a star CEO such as Jobs. You can bet that critics will be out today or tomorrow already doubting whether or Jobs will return to work in June...
What's more, in their study, Battisti and Naylor looked only at the effect of higher temperatures - not at the possible effect of changing precipitation patterns. Yet many climatologists believe that global warming will make dry areas dryer and further damage farming, which is especially dire news for sub-Saharan Africa, a region that already struggles with heat waves, droughts and famines even as population continues to grow. "Climate change is going to be a major concern for Africa," says Nteranya Sanginga, director of the Tropical Soil Biology and Fertility Institute of the International Center for Tropical Agriculture in Nairobi...