Word: exportation
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...genre as ubiquitous in Britain as emo was in the US. Americans don’t produce enough earnest strummings locally, so they import it from across the pond to meet the limited demand. What America does produce in abundance doesn’t often make for good export, though. Much less than gangsta rap, the American fetish for jam-bands does not travel well—perhaps the gloomy British weather is less conducive to day-long festivals and hour-long solos than Vermont or Colorado. No moe., no Phish, no String Cheese Incident—Britons like their...
...threatening to sell nuclear weapons to terrorists unless the U.S. gives in to Pyongyang's demands for security guarantees, diplomatic ties and economic aid. U.S. officials do not think government agents are responsible for the leakage of Pakistani technology, but the U.S. has repeatedly asked Pakistan to impose tighter export controls and remains unsatisfied with Islamabad's response...
...Japan's recent growth is higher, because it stems more from domestic demand and new business investment than from the wasteful public-spending projects used in the past to prime the country's economic pumps. Even so, a larger concern remains: Japan's continuing over-reliance on the export sector, which has been propped up by the Japanese government's massive and unprecedented foreign-exchange interventions designed to keep the yen weak...
...your stock portfolio--easily accomplished through proven funds like Matthews Pacific Tiger and the fund run by Greig, who likes Asian consumer-electronics companies, including Samsung, Canon, Sharp, Pioneer and Taiwan Semiconductor. They have lower prices relative to earnings than U.S. tech companies, plus established export businesses and the best positioning to serve Asia's expanding local markets...
...hard to believe this economy is turning. Yet personal income and both consumer and business spending are suddenly surging, so believers are beginning to emerge. David Bowers, chief global strategist for Merrill Lynch, recently upgraded Japan from underperform to neutral. If the global recovery is strong, Japan's export businesses have a long way to rise, he reasons. He likes the banking sector most. Consider a fund like Fidelity Japan. Better to tiptoe into Japan for now. One of these days the turn there will be real...