Word: exporting
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...will reach agreement, even if it takes many years. There is plenty of water. The problem is managing it." The grand vision of the NBI goes something like this: large dams along the Blue Nile in Ethiopia will generate power for the region and even for export to Europe. In Sudan and Uganda, where the soil is much richer than in Egypt, vast tracts of irrigated land will grow food. That will help sustain Egypt's population and enable the north African nation to expand its role as the region's manufacturing powerhouse. Each country would invest in the projects...
...Plus: there's always location, location, location. Hanoi is situated 170 km from the border with China, which last year displaced the U.S. as Vietnam's largest trading partner (two-way trade: $8.7 billion). The U.S. remains Vietnam's largest single-country export market, but many of the companies locating in the north think that, too, may be changing quickly. Most of the companies that have placed factories in the north harbor big plans of sending their finished products, from bathroom fixtures to digital cameras, to the mainland. On a small scale, that's already happening. Canon's Vietnam general...
...currency to a level where it could rise against the dollar - and, presumably, make Chinese goods more expensive, American goods cheaper and the U.S. trade deficit lower. All China did was stick by a promise laid out last year to move away from an economy that is export-driven and not consumer-driven and is growing at a torrid 10% annually. The two countries trade more than ever but their systems remain dramatically out of whack. For instance, in China the savings rate is 53%; the U.S. rate is often negative, meaning Americans spend more than they earn...
There are many other parts to Fernández's vision of how to win a better place in a globalized world. Making the rest of the country's economy as competitive as its beaches requires enhancing current strengths as an assembly export platform (more than 500 companies operate from its free-trade zones) and retaining a bigger share of its foreign-investor-dominated tourism industry, which accounts for 12% of the country's $29.1 billion GDP. It also means diversification. The challenge is an urgent one: 80% of the country's 9 million inhabitants are under 40, and 42% live...
Venezuela's President Hugo Chavez has spent much of his recent time and energy trying to export his Bolivarian leftist revolution across Central and South America, doling out windfall oil profits to his allies and exchanging strong rhetoric with the United States. At home, he has done his best to expand his revolution, most recently seizing oil fields from two multinational companies that refused to sign joint ventures with his government. But judging by the protests in Caracas this week against rampant crime and police corruption, Chavez may want to plow more money into basic necessities like law and order...