Word: exported
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CASPIAN CAVIAR Supplies have been slowed while a U.N. agency, concerned about the endangered sturgeon, decides on export quotas...
...Berlin in July revised its GDP growth estimate from 1.4% to 1.8% for this year and from 1.8% to 2.1% for next year. The Germans got a boost as economies in the U.S. and Asia began to grow again, and also from the run-up to E.U. enlargement, as exports to new members in Eastern Europe surged. "Germany remains an export machine that keeps running and running," says Holger Schmieding, an economist at Bank of America. "Despite the strong euro, even Germany is having a modest upswing...
...tongue-tangling name, pronounced "Dlurr Maindy." Then there are his '80s-style videos, pulsing with primitive arcade-game effects and joyful dancers in jumpsuits. And yet in the late '90s, fresh from a stint driving a cab in Berkeley, California, Mehndi became Asia's biggest-ever pop export...
...Asia. China's fast-growing economy and voracious appetite for raw materials (as well as for cars, cell phones and other middle-class baubles) has made it an increasingly key trading partner for its neighbors. Demand from China, for example, played a large role in hauling Japan's export-driven economy out of a prolonged slump. The mainland's neighbors have already been warily monitoring Beijing's efforts to cool overheated sectors such as real estate, fearful that clampdowns on credit and investment could crimp their China trade. Now there's a new worry: "China's dependence...
...badly needs to boost to revive its economic growth. Recent data suggests that South Korea may be entering a period of "stagflation," in which slowing economic output is accompanied by rising costs. The ruling Uri Party has proposed tax cuts to help spur domestic consumer and corporate spending. But export growth slowed to less than 30% year on year in August, making it less likely that the country can reach this year's target GDP growth of 5%. In this precarious situation, a spike in oil prices might well tip the country into recession. "Needless to say, if oil prices...