Word: outputted
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...been destroyed. Britain was tired out; France shamed; Russia bled white. In China war would continue for another four years. Of the industrial democracies, only the U.S., Canada and Australia had been spared misery in their homeland. The U.S. economy accounted for nearly a half of total world output in 1945, a proportion that it has never approached since. Crucially, the U.S. defined what it was to be modern. The U.S. was big shouldered and handsome, the U.S. wore nylons and lipstick, the U.S. enjoyed a level of prosperity of which others could only dream. In Manhattan '45, her love...
...professional services linked to finance, such as accounting, law and management consulting, and the total rises to 14%. And that's for Britain as a whole. For London, finance has been even more important: it accounts for almost one-fifth of the city's total output, perhaps as much as one-third if professional services are included. That's far more than for even New York City, where financial services account for about 15% of its economy...
...OPEC is determined to put an end to the relief at the gas pump. Concerned to protect their countries' financial health, oil ministers from the 13 members of the cartel of oil-producing countries meet in Vienna on Friday with only one item on their agenda - cutting their oil output in order to drive up world prices. Oil prices have been slashed by more than half in just three months, from $147 a barrel in July to as low as $67.50 a barrel on Wednesday. That has prompted current OPEC president, Algerian Oil Minister Chakib Kjelil, to propose that...
...Indeed, automobiles have become Turkey's single most important industry, overtaking the traditional No. 1, textiles. Along with Renault, three other foreign giants - Fiat, Honda and Toyota - all have significant production facilities in the country. About 80% of output is exported, mainly to Europe, which until recently meant booming business. But as the specter of recession comes to haunt Germany, France and the rest of the Continent, automotive sales have been badly hit. In Turkey, that has resulted in a drop in production since June, after five years of continuous growth. "Foreign orders are drying up and there's nothing...
...countries with the near term potential to become global leaders. China is home to the greatest number of global challengers, with 41; followed by India, with 20; Brazil, with 13; and then Mexico, Russia and Turkey. Together, these 14 countries accounted for 17.3% of the world's total economic output, or gross domestic product...