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...real growth engine will probably be its international business, which saw double-digit profit growth last year. Overseas, UPS networks include exclusive ground service throughout Europe. In Asia, it has acquired regional carriers, opened an air hub in Shanghai and broken ground on another in Shenzhen, China. "FedEx and DHL have dominated Asia so far," says David Ross, an analyst for Stifel Nicolaus. "But FedEx isn't as strong in Europe, and DHL doesn't do the U.S. UPS doesn't have those gaps...

Author: /time Magazine | Title: Road to Recovery | 2/25/2010 | See Source »

...became near impossible to do business in the midst of a war zone, near impossible to move their products through Israeli checkpoints. It still isn't very easy, but the past few years have been much better. A new Palestinian government quietly began to restore order and emphasize economic growth. Israel removed many, but not all, checkpoints. Royal now has 360 employees, new product lines - fireplaces, welcome mats - and a new wing, complete with an assembly hall. It has an on-site mosque and a cafeteria. The Izgayer brothers' story is at the heart of the new optimism...

Author: /time Magazine | Title: Renewal in the West Bank: A Little Noticed Success | 2/25/2010 | See Source »

Security, Fayyad assumed, was one prerequisite of economic development. Another was transparent governance. "We're firing incompetents and thieves in the government. You can't be taken seriously unless you fire people," Fayyad says. As a result, "we're beginning to see some economic growth. Cement consumption is up 30%." Part of the growth has been funded by aid from the U.S., Europe and the Islamic world, which helps pay the salaries of government workers and funds new infrastructure projects. In 2008, Fayyad held a conference in Bethlehem, looking to begin the next phase - private development - and got some takers...

Author: /time Magazine | Title: Renewal in the West Bank: A Little Noticed Success | 2/25/2010 | See Source »

...What Kramer is essentially calling for is population control by starvation,” said Felix de Rosen ’13, a member of the Palestinian Solidarity Committee (PSC). “If you really want to control population growth, you do it through development, not by starving the children of refugees...

Author: By Katherine M. Savarese, CONTRIBUTING WRITER | Title: Weatherhead Fellow Incites Controversy | 2/24/2010 | See Source »

...minute speech at the conference—which is partially sponsored by the United States Embassy in Tel Aviv, according to the Herzliya Conference’s Web site—Kramer called for decreasing population growth among Palestinians in order to “crack the culture of martyrdom [among some Palestinians], which demands a constant supply of superfluous young...

Author: By Katherine M. Savarese, CONTRIBUTING WRITER | Title: Weatherhead Fellow Incites Controversy | 2/24/2010 | See Source »

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