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...manufactured goods, higher costs on the mainland tend to show up on store shelves at Wal-Mart and other major retailers around the world. The U.S. Commerce Department says prices for imports from China rose at a 4.1% annual rate during the first half of 2007. That was the fastest pace since the U.S. began tracking Chinese import prices in 2003, and was well above the current U.S. inflation rate of about...
...American athletes looking to compete against representatives from over 40 countries, Rathgeber started with a bang in his preliminary heat. Competing in cold rain and wind in an outdoor pool, he led the pack and shaved nearly two seconds off his personal best to finish in 2:01.81, the fastest time in the prelims. He also experienced a bit of anti-American sentiment, as the Brazilian fans—who continually packed the arenas—booed because a representative from the United States...
...Ministry has disqualified only 392 students so far this year - but it is an outgrowth of a bigger problem: the severe shortage of university places. Vietnam's higher-education system hasn't expanded fast enough to meet the demand from students eager to get ahead in Asia's second fastest-growing economy (after China). Nguyen Thu Phuong, 18, studied for more than a year for the exams, and was poring over a few last-minute math equations on a bench shortly before testing began. Her mother, anxiously fanning the girl as she studied, once fought for the communist side...
...Caterpillar is reman's top dog. It's estimated that sales for the Peoria, Illinois, farm and construction manufacturer's reman division were $1 billion in 2005 - a small share of the $36 billion in total revenues the company generated that year. Nevertheless, remanufacturing is one of Cat's fastest-growing units and it is expected to continue expanding by 12-15% a year through 2010. Steven L. Fisher, who heads Caterpillar's reman division, says Europe offers particularly alluring growth opportunities because, unlike in the Americas, its market is highly fragmented, "with no dominant players." Christophe Decaix, manager...
...lengths to which some students have gone to cheat their way into college reflect a wider crisis in Vietnam's higher education system, which hasn't grown fast enough to meet demand from students eager to get ahead in Asia's second-fastest-growing economy...