Word: dollars
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Dates: during 2000-2009
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...considered small by the standards of the global automotive industry), it's not a great time to be buying two carmakers heavily reliant on the American market. As an apparent recession kicks in, sales of all luxury cars in the U.S. are starting to tumble. And the weak dollar doesn't help matters either. So look for Tata to try to open up emerging markets for Jaguar and Land Rover across Asia and Russia. "There's certainly room to do that," Wormald says. "But it will take an awful lot of time and money." Still, as gambles go, Tata...
Many of Trinity's members live on Chicago?s South Side, a vast swath of land that includes the city's convention center, multi-million-dollar mansions in neighborhoods like Kenwood, where Obama lives, as well as boarded-up flop-houses in neighborhoods like Englewood. Among Trinity's members are doctors, architects, prominent journalists, as well as teachers, firemen and garbage collectors. Many residents of the South Side?s farthest edges travel to jobs two hours away via public transport: a bus and a train transfer, often through Hyde Park, the leafy, upscale neighborhood best known because of its proximity...
...Federation of Hong Kong Industries. To lay people off, "you need to pay a huge amount in compensation." Nor is there any relief from surging raw-materials costs. And, slowly but surely, the renminbi, China's currency, continues to strengthen - it's now 12% higher versus the U.S. dollar than it was 18 months ago - making China's exports more expensive worldwide...
...your company started feeling the effects of the weakening American dollar or the Japanese yen? Jeffrey Spivock, MontrealNo, because the luxury market at this moment doesn't feel the recession. Hopefully we will not. But we are very aware of what's going on in the world, and we're taking steps to avoid [being affected...
Forget the falling dollar. All that penny-pinching tourists need to travel the globe is a willingness to try something different and access to a new breed of travel website...