Word: exporters
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...Ramakrishna persevered. He started his own business, growing roses for export, and senses that further opportunities abound. "For me to start up a business in America, I'd have to come up with some brilliant idea," he says. "Here it's so simple: you find an idea abroad, modify it for Indian conditions, and you make money." The crowning achievement of the Indian diaspora may be that its members bring that same entrepreneurial spark back to life in their homeland...
...visions of sipping wine in Provence clouding your thoughts at work? Cave in to them. The weakening euro makes Europe a relative summer bargain. Since its 1999 debut, the euro has lost almost 25% of its value with respect to the dollar. For U.S. manufacturers that export, that's not good, but for tourists it's a boon. The currencies of 11 European countries are tied to the euro, so their values have fallen in kind. In France $1 is worth 6.9 francs this month, versus 6.3 last year. That means a Paris hotel room, regularly $200 a night...
Your article on Tanzania and the World Bank's role there [WORLD, April 24] treated recent poverty figures much too lightly. Household surveys show that there are fewer poor people in Tanzania now than there were 10 years ago. Tanzania, like other African countries, lost half its export markets in the 1970s and '80s, essentially because small farmers were not rewarded enough for their efforts. As a result, they abandoned export crops and grew food mainly for themselves rather than for sale. Since 1995, Tanzanians have been putting this right. But 20 years of lost income cannot be reversed overnight...
Less atavistic but in its way more chilling is Dutch export Big Brother (making its debut July 6, 8 p.m. E.T.), which turns its participants into an ant farm. Stuck in an 1,800-sq.-ft. house with cameras everywhere (yes, including the bathroom), they'll be on TV five nights a week--and on the Internet 24/7. They'll also be whittled off, by an audience vote, one at a time until a winner claims...
...Federal Government's pursuit of Microsoft [NATION, May 8]. I suggest that Bill Gates buy an island or a small country, move his facilities there and create a Hong Kong West, dedicated to free enterprise. Maybe the Federal Government would treat Microsoft better if it were to export to the U.S. My only hope is that the new country would have room for people who know that capitalism is what made this country great. EDWARD M. LANING Oak Hills, Calif...