Word: mondays
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...many consumers, Black Friday, Cyber Monday and the weeks that follow will be a good time to sit on their hands...
...holiday outlook report released on Monday by AlixPartners LP says 88% of consumers plan to spend the same or less on gifts this year than they did in 2008. The survey, which polled about 3,500 people nationwide in early November, found that 60% of consumers plan to spend less on gifts, and 55% say they'll wait for deep discount sales and specials before opening their pocketbooks. More than half say they plan to buy less-expensive merchandise than a year ago, and 52% say they'll give gifts to fewer people. "This is a fundamental shift," says Bryan...
...Lula is desperate for Brazil to take on a more prominent role in world affairs, and would like nothing more than to bask in the prestige of playing peacemaker. The Brazilian leader gave Ahmadinejad the red-carpet treatment at their meeting Monday, telling him Brazil supports Iran's nuclear program "for peaceful means." (See pictures of Pope Benedict XVI's Visit to Brazil...
Even as Prime Minister Manmohan Singh arrived in Washington Monday to represent an India emerging as a cosmopolitan economic powerhouse, his Parliament sent an ugly reminder that the world's largest democracy has a dark side: both chambers of India's Parliament have had to be adjourned repeatedly over the past two days amid a furor over leaked findings of a judicial inquiry into the destruction of the Babri mosque in Ayodhya...
...failures of the Iraq war remain a stain on the nation, a full accounting can wait as long as needed. The liberal Guardian newspaper said the inquiry has the potential to "heal the wounds of war." "The primary aim of the probe," the paper's editorial page declared Monday, "must be to promote the reconciliation of the public with a political class which misled it so badly." Until then, the debate will undoubtedly continue...