Word: exports
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...sharp relief. Kemal, much to his regret, ends things with Füsun, and the next 350-odd pages chronicle his devastating remorse and unsuccessful attempts to win her back. In the process, he alienates his friends, breaks off his engagement, sacrifices his stake in a distribution and export firm, and even starts a production company called Lemon Films Inc. to finance the absurd scripts of his ex-lover’s chubby screenwriter husband (a mere excuse to visit their apartment). Society dismisses Kemal as foolish or eccentric, but to him it doesn’t matter: for love...
...Familia is estimated to export as much as half of the 200 tons of crystal meth that enter the U.S. from Mexico each year. It was thus a clear target for Project Coronado, the four-year operation by U.S. and Mexico anti-drug officials, which has collared 900 others, mostly La Familia associates, in both countries. Aside from meth trafficking, La Familia has also brought Mexico's gangland violence across the border, into communities as far flung as Atlanta and Seattle. The group, like Mexico's two largest drug gangs, the Gulf and Sinaloa cartels, is also famous for beheading...
...this week conjured up memories of the Sino-Soviet alliance during the early years of the Cold War. But despite the bonhomie and talk of common interests, the neighbors are now most aligned by the bottom line. After signing $3.5 billion in deals and approving a framework for the export of a huge quantity of Russian natural gas to China during an Oct. 12-14 summit, the two countries have shown that what links them closest is the almighty deal...
...from a mercantilist growth model that was tied increasingly to the voracious appetite of the American consumer. Unfortunately, Asia did not do a good job in hedging that bet. The U.S. could now be in the early stages of a multiyear consumption retrenchment, making the problems of an unbalanced, export-dependent Asian economy even more acute...
...Heightened efforts in the area of resource efficiency are also an urgent priority. A shift from manufacturing-led export growth to more of a services-based consumption model will relieve some of the inherent biases of energy- and resource-intensive growth. But Asia must do more in the way of investing in alternative energy technologies, retrofitting existing production platforms and moving to lighter construction and production techniques. Air and water pollution have become endemic to Asia's hypergrowth. That's especially true in China, home to seven of the 10 most polluted cities in the world and whose level...