Word: landing
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Dates: during 2000-2009
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...policies. The island features district heating plants fired by waste biomass such as straw. The plants provide heat to homes in lieu of more polluting oil-burning furnaces. When the sun is shining - which, admittedly, is not often - solar thermal panels provide hot water. Wind power is everywhere - on land, where towering turbines shade cows on a dairy farm, and offshore, where 10 turbines greet the incoming ferries like a row of sentinels. Many of the turbines are owned collectively by resident associations, with members chipping in to buy a slice of wind power. ("If you let people become...
...collapse in global auto sales is forcing the company to drastically scale back. Tata laid off some 850 employees at JLR in November, and reportedly is considering issuing another 1,500 pink slips. Indeed, the storied Jaguar and Land Rover brands that once were a source of Tata Motors pride are increasingly looking like boat anchors. Since the acquisition, Moody's, the investment ratings agency, has twice downgraded Tata Motors' debt rating, which now stands at non-investment grade...
...Some analysts say Tata's strategy was right, but the tide has been running against it. The Nano project was delayed by legal wrangling surrounding the company's acquisition of land in the state of West Bengal for a manufacturing plant. A two-year dispute over the fate of some 13,000 families that were to be displaced by the factory was resolved when Tata decided to build the plant in the state of Gujurat instead. But the launch of the Nano, originally set for October 2008, had to be pushed back. The company now says the car will debut...
...acquisition. Analysts say Tata Motors overpaid when it bought the loss-making British brands from Ford Motor in June, 2008. Just before the deal was announced, JLR reported an annual profit for the first time since it was acquired by Ford (the U.S. carmaker bought Jaguar in 1989 and Land Rover in 2000). But in the months leading up to the completion of the deal, sales of luxury cars and SUVs tanked as the global credit crisis worsened. JLR slipped back into the red, losing $383 million in the first half...
...mass extraditions have stymied Colombian prosecutors looking into paramilitary massacres and land grabs and hamstrung their efforts to compensate the victims of these crimes. True, the extradited all face lengthy prison terms in the U.S. But because they only have to answer for their drug crimes, the warlord defendants now have little motive for elaborating on their human rights atrocities back in their homeland. Only one has provided Colombian prosecutors with extensive testimony, though teams from the Colombian attorney general's office are in the U.S. this week to try again. "The investigations lost a lot of momentum because...