Word: marts
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Dates: during 2000-2009
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Think of Hangxiao Steel Structure Co. as a scout on China's economic front line. Its 200 workers in Anhui province rivet together prefabricated structures for factory assembly lines, which churn out goods for stores like Wal-Mart. A year ago business was so brisk that the company imported 70 workers from distant Shandong province to keep up with demand. But the mainland's torrid investment in everything from automobile plants to office high-rises to railroads has boosted the price the company pays for its main raw material, steel, by 24% in just four months. Yet the company hasn...
Bathroom Humor, by James Henderson, directed by Dave Poole, is about three Wal-Mart employees. Bertrand (Andy Riel), by dint of becoming the fastest checkout clerk on the Eastern seaboard, has been given the honor of making an inspirational speech, but before his speech he has gotten drunk and cloistered himself in the bathroom to vomit. He is encouraged by his co-worker Gary Girard (Kevin LaVelle) and tormented by the diabolical Stuart Steadfast (Greg Luzitano), who wants to steal his glory. Stuart’s momentary presence is the best part of this sequence; his cruel, demonic laughter...
...research group that closely tracks consumer confidence, notes that the TV upgrades are typical of a purge-and-splurge shopping style that has emerged in the age of big-box discounters. "Consumers will trade up and buy down at the same time," Franco says. "They'll shop at Wal-Mart and buy a Lexus." With their relentless discount shopping and the occasional affordable luxury, consumers have kept the economic recovery going...
...Mohamed Atta, the leader of the Hamburg 9/11 cell. After growing up in a middle-class family in Tunis, Fakhet moved to Madrid in 1994, armed with €29,500 in Spanish-government scholarships to study economics. "At first he was gracious and engaging," says Miguel Pérez Martín, a professor at the Autonomous University of Madrid, where he met Fakhet as a fellow student in 1996. Over the next few years the Tunisian withdrew from his studies and the world in general. "He grew incommunicative, and he told me, sometime in 1999 or 2000, that...
...action. Of course, war with a state that possesses nuclear weapons and a military of over 1.2 million soldiers is a grisly option; military intervention in North Korea should be avoided at almost any cost. Yet to do nothing while North Korea transforms itself into a nuclear Wal-Mart would be equally reckless. So would bribing the regime into disarmament with promises of economic aid—an idea the administration is now openly entertaining, and which would teach Kim and other unsavory dictators that nuclear saber-rattling pays...