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Ford is by no means wishing doom on its fellow Detroiters. It shares most of the same big parts suppliers, so a disruption in the supply chain that a bankruptcy would invariably cause would hurt Ford too, and even halt production temporarily. But longer term, customers might flock to a U.S. company that isn't in bankruptcy and thus stands 100% behind its products - and is free to operate without court supervision...
...winner of that contest remains to be seen, but what's clear now is that the U.S. finally has a President who understands the fierce urgency of climate change. "Delay is no longer an option," Obama said. "Denial is no longer an acceptable response. The stakes are too high. The consequences, too serious...
...south? If they are thinking of expanding their sphere of operations to such great distance, it is going to become an absolutely humongous task to get this thing under control. It does suggest that they are increasing their capacity to stay out at sea for a much longer period of time. They can just sit and wait until a vessel comes along...
...Indonesian workers who have already arrived are now studying Japanese in six-month intensive language courses at training centers throughout the country, paid for by the government and their future employers. They are set to begin work in February, but workers who want to stay in the country longer term have to pass a national examination - in Japanese - which only 48.2% of Japanese pass yearly...
...pirates are lured by the booty. Almost half of the world's crude is transported by sea, and much of it passes Somalia every day. Insurance rates for shipping in the region are rising, and some vessels are taking longer routes around Africa to avoid the area. Because shippers abhor uncertainty and the risk it entails, they have been paying the ransoms - up to $2 million - demanded by the pirates. (And insurance companies can take comfort in their actuarial charts: only 1 in 600 ships in the area gets attacked...