Word: low-cost
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...generals who ousted the man they still consider their champion. "Bridging this [urban-rural] divide is Abhisit's biggest challenge," says Chaiwat Satha-Anand, a political scientist at Bangkok's Thammasat University. Even Abhisit, who is trying to court farmers with promises of free education and low-cost health care, acknowledges an old Thai proverb: "Rural voters elect governments; urban voters get rid of them...
...kind of market share without a fight. Carlos Ghosn, head of Renault-Nissan, recently announced that his company was looking at building a $3,000 car in India. Fiat, General Motors, Honda, Hyundai, Maruti Udyog (the Indian division of Japanese manufacturer Suzuki), Toyota and Volkswagen are also working on low-cost cars, though none of them have promised anything quite as cheap...
...opened 1 million accounts for Mexican nationals living in the U.S. by becoming the first bank to accept the Matricula Consular identification card that Mexican consulates in the U.S. began issuing after 9/11. A growing number of banks, including KeyBank and Union Bank of California, are also offering low-cost check cashing as a way to encourage people to convert to regular bank accounts. To reduce the risk of fraud, KeyBank also requires thumbprint...
...turn for the chain, which saw sales quadruple over the past four years thanks to healthy options like salads and apple dippers. Now critics say McDonald's is returning to its weighty ways. It is advertising Hugo in several languages, and critics accuse it of targeting the low-cost cup to minorities, who are disproportionately overweight...
...tamed by changes to the cost of borrowing; certain taxation levels for the next couple of years were set last March, and growth in government spending until 2011 has already been capped. The good news for Darling: Rising interest rates seem to be cooling Britain's housing market, where low-cost credit and a limited supply of homes have sent house prices skyward in recent years. The value of the average home reached $401,000 in May according to Halifax, a mortgage provider. That's almost three times the average in 1997. But with new buyers treading carefully, house prices...