Word: importance
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Dates: during 2000-2009
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...what economic framework will help us reclaim those skills and that potential." Say, for example, the exchange rates change or the price of oil rises (and it has started to creep up, if not at last summer's pace) so that foreign-made goods are no longer cheap to import. We could find ourselves doubly stuck because domestic manufacturing is no longer set up to make all these products. While no community functions in isolation, supporting local trade helps "recreate the diversity of small businesses that are flexible and can adjust" to changing needs and market conditions, says Witt. (Read...
That's to say, before you run out to start an import-export business, take a look at some other numbers in the shipping world that are far less robust. Shipping by container, typically finished goods, remains troublingly cheap, a sign that consumer products are still not flowing between continents. The price for a 20-foot equivalent unit (TEU) container on an East Asia-to-Europe voyage is reportedly currently maxing out at a paltry $500. Though the pace of the drop in rates has slowed, there are signs that charter prices have still not bottomed out, having dipped below...
...College politics, though perhaps too late.Flores and her Council found themselves without a seat at the table when decisions were made, generally unable to influence policy until news has already been delivered to the student body’s inboxes.“On a couple matters, albeit somewhat important ones, the Council has been reactionary,” says Randall S. Sarafa ’09, former UC vice president. “It’s beyond me whether that has been the consequence of the administration or failed communication on the part of the UC?...
...century. Before the arrival of the steamship, when three-masted clippers sailed between India and China with cargoes of tea, silver and opium, Singapore was a midway point and a place to drop anchor during the stormy monsoons. Under British colonial rule Singapore developed into a free port where import and export duties were scrapped and passing ships could cheaply purchase all their rigging, provisions, and bunker oil. As the industry grew, the figure of the ship chandler passed into Singapore's literary lore, appearing most memorably in Paul Theroux's 1973 novel Saint Jack, the title character of which...
...help explain why officials opened the congress with a manifesto that called on national and international authorities to "avoid adopting measures that unnecessarily hurt the pork sector." (Needless to say, the statement referred to the virus as H1N1, not swine flu.) A few days earlier, Russia had banned the import of Spanish pork products in response to the relatively high number of swine flu cases in Spain. For Anatoly Gendin, a reporter covering the conference for a Moscow-based culinary magazine, the ban is simply a measure of caution. "It's not always easy to explain the fine details...