Word: drives
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Dates: during 2000-2009
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...understand how the angst is playing out, consider Tipton, Ind., population barely 5,000. In April 2007, the German manufacturer Getrag LLC announced it would build a $455 million plant about an hour's drive north of Indianapolis. The plant's sole purpose was to build energy-efficient transmissions for Chrysler. The plant would inject some 1,200 new jobs into a state whose economy is both ailing and heavily dependent on the automotive industry. Townsfolk talked of a new hotel, a new fast-food restaurant. Earlier this month, however, Getrag announced that the entity established to build the Tipton...
...fray, pushing starts and a local policeman begins to yell at the top of his voice at a knot of uncomprehending Italian journalists. Li's and Versace's entourages make time-out gestures at each other, cutting the visit short and bundling everyone into the SUVs for the long drive back to Chengdu airport and the evening flight to Beijing. It has been an exhausting business, spending a day in Li's wake. "Oh this is nothing," laughs his personal videographer. "You should have seen the crowds when we were in Shanghai...
...decline in exports will hit China hard, possibly cutting 2.5 percentage points off growth in 2009. There's also the strong likelihood that tens of millions of dollars will disappear into China's bridges to nowhere - or into the pockets of corrupt local officials. Still, if any government can drive change by diktat, it's the Chinese Communist Party. Doomsayer Roubini writes: "The government cannot force corporations to spend or banks to lend." In fact, Beijing can do exactly that - and is doing so now. "On the outside, China's banks do look a lot more like normal Western commercial...
Back at Damaris' apartment, we sit at the table and pick stones out of the red beans she bought: the vendors put pebbles in to drive up their margins. The mix today is about one part rocks, four parts beans. Damaris shrugs. "You wake up thinking about where to get breakfast, you eat breakfast thinking about where to get lunch, and on it goes," she says. "To be Cuban is to be tired...
Opponents of the SOFA want the U.S. military to leave Iraq sooner than the 2012 deadline that al-Maliki is pushing for. But many of the sheiks are leaders of the Awakening Councils, the U.S.-funded paramilitaries that helped drive al-Qaeda out of Anbar. They - and thousands of their men - receive salaries from the U.S. military, and they don't want their paymasters to leave any sooner than absolutely necessary...