Word: exports
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...public sanitation not to be able to filter out the feces of an infected person from the water supply (ingesting fecal matter is the most common way for cholera to spread). So it is a stark indication of how far Zimbabwe has fallen that a country that used to export food is now in the grip of a cholera epidemic that the World Health Organization (WHO) says has claimed 412 lives and infected 9,908 people. South Africa's Sunday Times said 400 new cholera cases were arriving at a treatment center in the township of Budiriro every...
...suddenly and without any warning, former workers say. They were among the latest and largest factory closures in China's battered low-end industries: toy manufacturers, textile companies and shoemakers most prominent among them. China's steadily appreciating renminbi (RMB) currency - which makes Chinese goods more expensive in key export markets like the U.S. - as well as higher costs embedded in a new labor law enacted last year were already wreaking havoc with companies that survived even in the best of times on the thinnest of profit margins. Now, with a global recession gathering pace, the best of times...
...fear that the ongoing crisis is derailing what once was one of the region's most promising economies. With foreign investors and tourists (who bring in some $16 billion a year) spooked by the political instability and Thailand's manufacturing base bracing itself for a drop in global export demand, national growth forecasts for 2009 hover at a bleak...
...among Japanese politicians. In addition to studying at Stanford University and the London School of Economics, he spent time in Sierra Leone and Brazil, where he ran family mining businesses. A vocal advocate of Japan's foreign-aid efforts, Aso calls assistance for developing countries "a respectable means to export Japanese culture [and] an important means to disseminate Japanese values...
...Japan's minister for economy, trade and industry, Kaoru Yosano, summed it up on Monday when he said, "Japan is in a very serious situation." Last month, as the nation's export-driven economy watched global demand slow down, Japan's Nikkei index fell to a 26-year low. Couple this with the appreciation of the yen - which some economists say could strengthen to an exchange rate of 80 to the dollar by the end of next year - and it's little wonder that corporate powerhouses like Toyota, Honda and Sony have seen profits dive. Royal Bank of Scotland Japan...