Word: europeanize
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Dates: during 1990-1999
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Sachs was honored for his contributions to the Eastern European nation as the U.S. Attorney's office in Boston continues to investigate two former HIID officials for alleged illegal activities in Russia...
...American public and officials in Washington are underestimating the risks to the U.S. of the new European Economic and Monetary Union, and its new currency, the euro. The reason for concern is not that the EMU will mean a stronger Europe that can challenge the U.S. economy. Quite the contrary, the EMU is likely to weaken European economies, leading to more trade friction and economic isolation. But the most important problems the EMU can cause are political, bringing increased conflict within Europe and with...
...American carmakers is that they will not necessarily be the beneficiaries as the number of wealthy boomers expands over the next decade. Experts predict that the gradual drift away from American-made luxury cars toward such European models as Mercedes and BMW will only accelerate. According to Ward's AutoInfoBank, European brands account for more than a third of U.S. luxury-car sales, and Mercedes and BMW are leading with about 10% apiece...
...many cases, American automakers are left with the tough work of revamping their luxury cars to appeal to young buyers, while maintaining their hold on older ones who never took to European brands the way their children have. Ford recently unveiled its all-new LS8, a rear-wheel-drive, technologically loaded sedan tweaked and tuned by Jaguar. Chrysler, which has scored a connection to boomers with its Jeep Grand Cherokee, last year launched the 300M, a sleek, import-fighting luxury sedan that competes against such other luxury sedans as the BMW 3 Series and Audi A4. "Our cars became boring...
...which pioneered the luxury segment in the U.S., is aggressively pushing to preserve its eroding lead. Last year the company rolled out the Cadillac Seville STS, which blends the raw power and agility reserved for its Chevrolet Corvette with a cabin as quiet as the best European and Japanese sedans. And in Detroit this week executives are introducing what they trumpet as "the future of Cadillac" in a concept car called Evoq, a two-seat roadster with a supercharged V-8 engine, boasting such features as a voice-activated navigation system and e-mail that flashes everything from news bulletins...