Word: globalization
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Dates: during 2000-2009
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...They were realizing that consolidation was going to be playing out - was already playing out - in the global confectionary marketplace," research analyst Alexia Howard of Sanford Bernstein said. "The trust wanted to make certain that during that period, when the company was making big decisions about how this would play out, they wanted to be in more direct control of the company...
According to retail expert Brit Beemer, electronics are virtually tied with toys as the top Christmas-gift item for the first time in more than 25 years. In a survey conducted last weekend by Beemer's firm, America's Research Group, and UBS Global Equity Research, 30% of consumers cited electronics when asked what gift they were buying most often (30.8% said toys). Last year, only 23.7% of respondents said they'd purchase an electronics item. The sector's strength has compelled Beemer, for the first time in his 19 years of conducting Christmas consumer surveys, to revise his holiday...
What's been good for Centcom has also been good for the high-tech U.S. arms industry. Despite the global recession, Arab states have signed huge deals for U.S. military hardware, whose sophistication has been on full display in two long wars in the neighborhood. Petraeus said countries in the region now deploy eight Patriot missile-interceptor batteries - up from zero a few years ago - made by Raytheon Corp. And the Pentagon last month announced that Kuwait had ordered upgrades of its Patriot missile system, in a deal worth $410 million. But Raytheon isn't the only beneficiary of anxiety...
Although the 2009 federal stimulus plan helped prevent a global depression, America still feels the pinch of hard times. Unemployment hovers around 10 percent and the country’s GDP remains significantly below 2007 levels. With this in mind, the Congress should welcome Obama’s recent suggestions for renewed efforts to stimulate the economy...
...factor these cases have in common is the willingness of the suspects to embrace the propagandists' argument that the wars in Iraq and Afghanistan, and U.S. policies elsewhere in the region, are part of an assault on the global community of Muslims. "The narrative - that America is at war against Islam - works for people from all classes," says Steve Emerson, author of American Jihad: The Terrorists Living Among Us. He points out that even many of the 9/11 hijackers had been highly educated. (See pictures of the battle against the Taliban...