Word: marketed
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Dates: during 2000-2009
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...restructuring of its operations around the world. Consequently, Gene Stefanyshyn, the GM executive in charge of the project, moved to Australia to oversee the re-engineering of a rear-wheel-drive chassis that its Holden auto subsidiary had sold in small quantities over the years in both its home market and the Middle East. The Camaro is built on the Holden platform. The car will actually be assembled at GM plant in Oshawa, Ontario, outside of Toronto...
...French winemakers fear that the new rules will allow any producer to mix their surplus whites and reds, flooding the market with cheap, poor-quality rosé. "We are shocked by these plans," says Eric Rosaz, director general of the Association Générale de la Production Viticole, France's winemakers' association. "We have our own traditions in France, and we want to protect them. We want to ensure that French rosé remains a quality product and is recognized as such. But this proposal could force thousands of winemakers out of business...
...Usually enjoyed as a cool summer drink, it is versatile enough to be drunk at meals, as an aperitif or during soirées. It is also currently enjoying a vogue: rosé has now overtaken white-wine sales in France and accounts for almost 10% of the world market. (See pictures of Paris expanding...
...will not pay off. Many of the plans that the Treasury has to improve bank balance sheets and lending will simply be a waste of money. There is no entirely convincing argument that helping worthy people who cannot pay their mortgages with their home loans will stabilize the housing market. The Fed's plan to buy as much as $300 billion in Treasuries may bring down interest rates, but that will not automatically cause businesses and consumers to borrow money and restart the spending cycles that, to some extent, caused the current financial crisis...
...Shore said yesterday. The new budget guidance marks a departure from University instructions issued in the fall, which directed Harvard administrators to plan for scenarios ranging from a flat payout to a 2 percent decline in dollar value. Harvard officials were forced to reevaluate planning assumptions due to continued market volatility and economic uncertainty, Shore said. Since December, the Dow Jones Industrial Average has plummeted by over 1000 points, dipping to 10-year lows this month. The University’s decision to issue more conservative budget guidance reflects progressively more pessimistic expectations for the pace of an economic rebound...