Word: globe
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...recipe for glut that could reverberate around the globe, and not just in cars. From microwaves to T shirts to sheet steel, China is building up excess capacity at a breakneck pace. The country's economy grew 9.1% last year and attracted $53 billion in foreign investment, second only to the U.S. economy. The emerging middle class pushed retail sales up 9% in 2003, but industrial output shot up 17%. Economists warn of a crash waiting to happen: if too many factories make too many goods chasing too few buyers, the results are likely to be deflation, widespread business failures...
Robert Downey Jr. may have several drug counts and a Golden Globe to his name, but he’s never had a pot just for pudding...
...entered every crevice of our lives and there is no stuffing it back in the closet, even Carson Kressley of Bravo's Queer Eye for the Straight Guy is hardly Tom Ford when it comes to chic. But the show--which has been picked up by networks around the globe--works because Kressley's snappy banter is underscored with tolerance and generosity...
...headed before being tapped by Bush. Cheney isn't helped by the fact that Halliburton has benefited from the Iraq war he championed or that investigations of the company seem to multiply. The Justice Department last week launched a review into alleged bribes the company had flung around the globe in order to obtain foreign contracts. Cheney ran the company during part of the time frame covered by the probe, and his office, not surprisingly, isn't commenting. And last week's report that Cheney gave Supreme Court Justice Antonin Scalia a ride on his plane as the two went...
...network of satellites--without getting in the way of the airplane's communications and navigation equipment. Users should be able to surf the Web, download attachments and upload pictures at speeds comparable to cable-broadband service. The cost will range from a flat $30, for journeys around the globe, down to $10 for flights across continents. --By Wilson Rothman