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With all these new routes, airlines are designing spectacular special offers to fill their planes. After Sept. 11, when the major carriers were cutting back service and laying off staff, the no-frills lines were virtually giving seats away. In November Ryanair was offering round trips to Salzburg for 3.06, plus airport taxes. This year, when both Ireland and Germany qualified for the second phase of the World Cup in June, Ryanair celebrated by offering 6,000 seats for travel on Aug. 31 in or out of its 12 German destinations for free, with customers paying only...
...than three months for the first time in memory, according to outplacement firm Challenger, Gray & Christmas. "Companies are looking ahead," says its CEO, John Challenger, who foresees a worker shortage as the boomers who can afford to retire do so and the much smaller Generation X proves unable to fill the gap. So, whether they like it or not, the boomers who can't afford to quit working will give the economy just what it needs...
...great start, says Dean Knepper, a planner at Lifetime Financial Planning in Leesburg, Va. "Taking additional risk in an attempt to catch up," he says, "will not work if the individual becomes uncomfortable when the market is down and sells the investment." Knepper asks his clients to fill out a daily spending log. "They are often shocked at how that morning espresso and evening iced latte add up," he says, advising that if you cut $10 a day from spending, you can accumulate enough each year to make the maximum $3,500 annual contribution to an over...
...among the highest in the world. Because of falling oil revenues and the country's spiraling debt, per capita income has plummeted from $28,600 to $6,800 in the past 20 years. Though one-third of all Saudis are unemployed, the kingdom imports 6 million foreign workers to fill the low-wage jobs Saudis don't want. Restive and jobless young Saudis have nowhere to turn in an antidemocratic society governed by puritanical social norms: Saudi authorities ban dance clubs and movie theaters, forbid women to drive and prohibit men and women from mixing in public. "That adds...
Knowles has been appointed to the board to fill a vacancy. At the April 2003 shareholders meeting, he will be up for election to a full three-year term...