Word: exportations
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...manifesto about global peace irrelevant to the issues at hand. The summer months were taken up with Iran's election turmoil, but following talks with the U.S. and its international partners in the fall, Iran hinted that it might be willing to accept a deal under which it would export most of its enriched-uranium stockpile to be converted into reactor fuel - and then quickly backpedaled as the proposed deal came under a hail of criticism from across Iran's political spectrum. In recent weeks, Iran has made a counteroffer to export its uranium in small parcels over a longer...
...Despite the fact that the country is drinking less beer, Belgium has cemented its global brewing reputation with an effective export strategy: in 2007, 57% of the beer produced in the country was exported, up from 37% in 2000 and 7% in 1970. But global sales have taken a hit in the recession, particularly in emerging markets like Brazil and Russia, which had been the cornerstones of the company's business in recent years. (See pictures of the Oktoberfest beer festival...
...Many analysts worry that the detention of Freeman and Marsilli signals a reversal of the Vietnamese government's widely lauded market reforms. With spiraling inflation and the global financial crisis taking a bite out of the country's crucial export sector, some say government hardliners have responded by rolling back economic and personal freedoms. Late last year, Vietnam blocked Facebook and Twitter and arrested a number of pro-democracy activists. Jetstar Pacific, as the only joint venture domestic airline in Vietnam, could have become a target for conservatives who resent giving up control to the private sector - especially as Jetstar...
...operations. A study by NASSCOM and consulting firm McKinsey figured that by 2020 about a quarter of potential IT- and business-services revenues for outsourcing firms will be generated in the so-called BRIC countries: Brazil, Russia, India and China. Although the U.S. still accounts for 60% of the export revenue of India's IT sector, emerging markets are growing faster. NASSCOM data show that the Indian IT sector's revenues from the Asia-Pacific region grew by a compounded 42% a year between the 2004 and 2008 fiscal years compared with 29% in the U.S. That's why management...
...rate has steadily declined to 7.5%, compared with 10% in the U.S. No economy is free from the threat of backsliding yet, however, and the head of Germany's federal labor agency has predicted joblessness will rise again this year. But as world trade picks up, the mighty German export machine should click into gear once more, delivering decent growth. (See pictures of the dangers of printing money in Germany...