Word: marketeers
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...months, Toyota City - which boasts Detroit as a sister city - has shared some of the pain felt by its American counterpart. The region is still suffering from what locals call the Toyota shock. After the Lehman bankruptcy, when the worst of the financial crisis bit and the U.S. car market collapsed, Toyota reduced production and shed temporary workers, sending a damaging ripple through the region. The scars are clearly visible on the town's streets, riddled with closed shops and restaurants. Ryuichi Watanabe, an agent at the local branch of the Able property brokerage, says rents are down some...
...members are realizing, the problem with family is that a good name can be tarnished by a single member's bad behavior. Concern over Greece's public deficit - which now exceeds 12.7% of GDP, well over the E.U. limit of 3% - has sent the euro tumbling and caused stock markets across the continent to fall. And with the finances of eurozone countries now under a market microscope, questions are now being asked about Spain and Portugal, which are also battling high deficits. (See pictures of the global financial crisis...
...city to let that occur while building the Village - that's the height of irresponsibility," says Shaw. Vancouver has set aside 250 of the 1,100 Village units for low-income residents, though some people fear that the city will be forced to put even those on the market to refill its coffers. (Watch a video on how ski jumpers train...
Last month, Google threatened to exit China after discovering that some of its users’ accounts had been hacked by the Chinese government. Google’s declaration was quite weighty, considering China’s large economy and potentially huge market for the company. Most importantly, it brought to light the epic battle for cyber-security between one of the world’s largest technological companies and one of the world’s most secretive regimes. After deciding to remain in China but stay wary of censorship and human rights abuses, Google has called upon...
...printed the first English translation of the late Roberto Bolanõ’s work—the slim volume “By Night in Chile”—during a time when contemporary Latin American authors were struggling to gain a foothold in the American market. Circulating among critics well-versed in the literary tradition of Isabel Allende and Gabriel García Márquez, the translation introduced readers to a then-unknown Latin America, one neither swathed in magic realism nor saturated with family saga, but instead, mired—violently, bitterly, and evocatively?...