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...Mexico Fewer Dollars Equal Fewer Pesos For the first time since the Mexican central bank started keeping track, remittances to the country fell in 2008, from $26.1 billion to $25.1 billion. After oil exports, money sent home from workers abroad--mostly from the U.S.--is the largest source of foreign income in Mexico. The central bank expects remittances to keep falling in 2009, thanks in part to layoffs in the U.S. construction sector; Mexico's overall GDP is also expected to shrink. A January report from the Pew Hispanic Center showed that while the same percentage of Latino immigrants...
Being a hit in North America doesn't guarantee the same reaction in India. Slumdog opened in 350 theaters Jan. 23 and did fairly well--the third largest non-Bollywood debut, after Spider-Man 3 and Casino Royale. But India is one of the few nations to prefer local product to Hollywood blockbusters, and so far it has proved a tougher sell to the mass public than to U.S. audiences...
...book Great Business Teams, consultant Howard M. Guttman discusses five steps to greatness. The first phase involves two critical tasks: getting an organization horizontal and aligning teams properly. In this excerpt, Paul Michaels, CEO of Mars Inc., the world's largest candy company, which is rarely written about, discusses the path to proper alignment...
...from deterrence and cease-fire-monitoring to peace-enforcing, so MONUC grew. It has the most aggressive peacekeeping mandate in U.N. history, one that includes "forcibly implementing" cease-fires and "using all means deemed necessary" to protect civilians and improve security. It is also supported by the world's largest peacekeeping force--20,000 soldiers from 18 countries--and funded by the biggest peacekeeping budget ever, an annual $1.1 billion...
...also about what MONUC is. In addition to 3,000 extra troops, Doss persuaded the U.N. Security Council to expand MONUC's mandate to allow it to target the commercial drivers of the war: the trade in Congo's minerals, like gold, and the world's largest reserves of coltan, which is needed to make components for cell phones. He continues to argue for an even more muscular approach to enforcing peace. "When we make these statements, when we claim the responsibility to protect, we have to be careful that we have the means to match our mandate," he says...