Word: localized
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...Highlight Reel1. On Dongguan, the fast-changing boomtown where Chang does the majority of her reporting: "No one is sure how many people live here. According to the city government, Dongguan has 1.7 million local residents and almost seven million migrants, but few people believe these official figures...Dongguan is invisible to the outside world. Most of my friends in Beijing had passed through the city but all they remembered - with a shudder - were the endless factories and the prostitutes. I had stumbled on this secret world, one that I shared with six million, or eight million, or maybe...
Until June, the local Opel plant was enjoying a record year as Germany's economy hummed healthily along. In April, the company turned up the speed on its assembly lines to churn out even more cars. Instead of shutting as usual for three weeks during the summer, Opel closed the plant for just two and hired temps to supplement its full-time workforce...
...Eisenach after the Berlin Wall fell in 1989, and it pulled an army of suppliers and service companies in its wake. On Adam Opel Street, Lear Corporation makes seats for the Corsa, while parts makers Mitec AG and Robert Bosch are across town. Uwe Laubach, head of the local chapter of the IG Metall union, says as many as 900 temporary workers in the local auto industry have lost their jobs in recent weeks. "The situation is dramatic," says Michael Lison, head of the industry association Automotive Thüringen...
...Local businesses are trying to cheer people up by throwing open their doors. One Reykjavík restaurant, Á naestum grösum, has changed itself into a "soup kitchen" offering cast-down Icelanders a free bowl of barley-vegetable soup and a slice of bread, while just down the street a few local bars have begun selling "recession beer" at $2.60 a glass, compared with the normal price of $6 or so. But with more layoffs and further turmoil expected, it will take more than hearty stew and a pint of cheap cheer to rescue this nation from economic...
...been besieged by Ottoman hordes, devastated by plague and occupied by both the Nazi and Soviet armies. Today, this city of 62,000 faces another catastrophe, all thanks to the woes of its meat factory. Employing 650 people directly and providing a livelihood to hundreds more - from local farmers to shopkeepers - the Zalabaromfi meat-processing plant has long been one of Zalaegerszeg's most important businesses. But the credit crisis has complicated a long-running dispute between Zalabaromfi and Hungary's second largest commercial bank, CIB, over a credit line the plant says it needs in order to keep running...