Word: marketized
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...American economy, so the U.S. government should proceed at its own risk and peril," says the Swiss-American Chamber of Commerce's Naville, who points out that both countries have "a lot at stake" in each other's economies. Switzerland is the U.S.'s 15th largest export market and, with almost $149 billion spent in 2008, its fourth largest recipient in terms of direct investment. Switzerland, for its part, invested nearly $195 billion in the U.S. last year. (See the top 10 tax dodgers...
With a muscular retro appearance, the Camaro plays on the baby-boomer generation's insatiable appetite for nostalgia. However, GM also has bets on several other new models, which are planted in key market segments critical to GM's future sales: the hybrid Chevrolet Silverado pickup truck, the Buick Lacrosse sedan and three new crossover vehicles (the Cadillac SRX, Chevrolet Equinox and GMC Terrain) that are part car and part SUV, all of which will reach dealers soon. (See pictures of American muscle cars...
...hybrid Silverado, which gets better than 20 m.p.g., is the first genuine hybrid in the critical pickup-truck segment, which represents 15% of the total U.S. market. It's promising but a bit undernourished - the launch of this new hybrid truck has been undermined by cuts in production and advertising as GM has struggled to conserve cash. GM CEO Fritz Henderson says company-wide production should level out during the second half of 2009, and Peper asserts that advertising across models will increase over the next six months. If the hybrid Silverado is successful, it could be a very tangible...
...CSAT holds a singularly sacred place in Korean culture. On the day of the national exam, many businesses and the stock market open late in order to keep the roads clear for students driving to their testing locations. Airplanes are prohibited from landing or taking off from Korean airports during the listening section. Korea’s temples and churches are filled with praying parents...
...Company managers with roots outside of Xinjiang often make hiring decisions based on connections or regional origin, leaving Uighurs at a disadvantage. China doesn't have a fair-hiring law, meaning that those with sufficient skills and experience still have no recourse if they face discrimination in the job market. (See pictures of China after the riot deaths on LIFE.com...