Word: freights
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Dates: during 2000-2009
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...will get off relatively lightly, because most are located in warmer coastal provinces near ports, says Stephen Green, senior economist at Standard Chartered Bank in Shanghai. Hardest hit will be producers that rely heavily on electricity such as aluminum and steel makers. But few companies will escape unscathed. Million Freight, a logistics company based in the normally balmy southern city of Shenzhen, was forced to stop taking new shipments on Jan. 28 because existing freight was stacking up. "Nearly all trains coming in and leaving from Shenzhen are delayed by seven or eight hours," says an executive at the company...
...initiatives are capital infusions geared toward improving transportation links between the North and South, adding to the $700 million the South has already spent on North Korea infrastructure projects over the past eight years. The projects are starting to bear fruit. On Dec. 11 a regular rail-freight service was inaugurated between Seoul and Kaesong, punching a symbolic hole in the heavily fortified DMZ that divides the countries. Work is also underway to repair a rail line linking Kaesong with the North Korean city of Sinuiju on the Chinese border - promising to give South Korean companies an overland transport route...
There's a big problem, of course. As Chayes says, "expanding in an active theater of war is an increasingly tricky notion." At the moment, Arghand relies on the generosity of the Canadian army, which lets Chayes use its post office for shipping. A commercial air-freight service, she says, would give a huge boost to the growing number of Afghan traders who want to export. It's a classic catch-22: freight companies shy away from Afghanistan because it's so unstable, but stability will come only when Afghanistan's economy improves, which will require more investment, such...
...what to do? Afghanistan's pomegranates are not going to drag the country out of poverty or end the drug trade any time soon. But perhaps the countries fighting extremism in the region could look at some sort of regularized freight service to boost the economy. Even better would be for foreign companies to see opportunity and profits in Afghanistan despite its problems. If, like me, you love pomegranates and want to help one of the most neglected places on the planet, then demand that your local shops stock the Kandahari good stuff - the fruit that's better than...
They died in the great gas chambers of the concentration camps, in the traveling gas vans that moved from village to village, in freight cars whose floors were sprinkled with skin-searing quicklime; and in the sewers, the last sanctuary of hundreds...