Word: nasserism
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...seemingly endless spell of bad news is creating a wider and wider gulf between Ford and Firestone. "This is a tire issue, not a vehicle issue," Ford CEO Jacques Nasser stressed last week, distancing himself from the company's partner for nearly a century. But Firestone, while loath to alienate such a valuable customer, says the lower level of air pressure Ford recommended for the tires - 26 psi, compared with Firestone's suggested 30 psi - may have contributed to the trouble. Ford has decided to end its exclusive contract with Firestone and use an additional tire supplier, Michelin...
...outburst was a tad obstreperous, Ford had it coming. Six days before, the company's suave president and CEO Jac Nasser had sailed into the National Press Club in Washington, announcing to reporters, "We're doing things very differently at Ford Motor Company these days." Voluntarily, the company would improve the fuel economy of sport-utility vehicles 25% over five years, he said, saving an average of 1,700 gals. of gas over the life of an average vehicle. "We welcome other automakers to join...
...Arab world, there was sadness--not on the order of the death of Gamal Abdel Nasser, the great Egyptian leader and pan-Arabist--but melancholy. Coming soon after the death of Jordan's King Hussein, Assad's passing marked a changing of the guard--and, perhaps, new volatility--in the region as leaders like Egypt's Hosni Mubarak (71), Yasser Arafat (71) and Saudi Arabia's King Fahd (79) grow...
...That conflict could jeopardize the President's proposals to lift curbs on press freedom, institutionalize free elections and generally deepen Iran's rule of law. Still, the President may believe, as do some analysts, that Rafsanjani could help prevent a backlash among demoralized hard-liners. Explains Tehran University professor Nasser Hadian: "The pace of reform might be slower, but Rafsanjani can convince the conservatives that there is something in democracy for them...
...solid number will survive the vetting process and get elected. Some analysts are predicting that the regime's heavy-handed tactics could wind up mobilizing the sort of strong voter turnout that propelled Khatami to his unexpected victory in 1997. "There could be a backlash," says Tehran University professor Nasser Hadian. "The conservatives are making Khatami and his supporters look like underdogs...