Word: globalitis
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...ouster after the infamous snap election of 1986, for which I was a U.S. observer, led TIME to name her Woman of the Year. Her presidency survived eight coup attempts as she patiently restored constitutional democracy to her country, where she died a revered figure. But her legacy was global. For the U.S., it marked the start of the Reagan doctrine to oppose authoritarianism of the right and left, and she helped inspire peaceful upheavals around the world. She showed that one person of modest demeanor can change history. -Richard Lugar Lugar is a U.S. Senator from Indiana...
...House Democrats who voted against a major health care bill that narrowly passed. He also voted against an anti-global warming bill pushed strongly by House Speaker Nancy Pelosi, D-Calif...
...With auto sales in the West in a deep slump, 2009 saw carmakers increasingly focus on developing countries like China and India, which have largely shrugged off the global recession and where disposable incomes continue to grow rapidly. China this year will surpass the U.S as the world's largest car market, while India has become the largest market for small cars, according to Dilip Chenoy, director general of the Society for Indian Automobile Manufacturers. Four out of every five cars sold in India are small cars, defined as vehicles with engines displacing less than 1.2 liters. (Ten Things...
...rankings are set to change as others pile in. On Dec. 12, Volkswagen announced its first made-in-India compact, the Polo, which will be manufactured at Chakan, 110 miles (175 km.) from Mumbai. India will also be the lead country for Honda Motors' planned global small car - tentatively named the 2CV - which will begin selling by the end of 2011. Struggling General Motors began producing the pint-sized Chevrolet Spark in India last year and plans to roll out another compact, the Chevrolet Beat, in the first half of 2010, while Ford Motors CEO Alan Mulally unveiled a made...
...based trade publication. But the latest generation of vehicles will meet the latest European emission standards, and India's "road infrastructure is being rapidly improved to accommodate the new fleet," Lam says. At the moment, nothing seems able to stall India's drive to become a player in the global auto industry...