Word: pullings
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...slowdown. Despite Asia's torrid growth, consumers in China and India accounted for only $1.6 billion of the world's spending last year, a tiny fraction of the $9.5 trillion spent by Americans, according to Stephen Roach, head of Morgan Stanley's business in Asia. It's impossible to pull U.S. spending back without sending ripples through the rest of the world...
...underdog. What drives that? -Tom Roberts, Yangzhou, ChinaI was a lawyer for 10 years-a short time, but it molded me into who I am. My clients were little people fighting big corporations, so it was a natural thing to not only represent the little guy but also to pull for him-it's the American way. That is, until the little guy gets to the top, and then we can't wait to see him fail. [Laughs...
...surplus analog spectrum for wireless devices. The auction consists of five blocks of licenses to be sold off in pieces - ranging from rights to various regional networks to sprawling nationwide ones - each set at a minimum bid. The process could take weeks or even months and is likely to pull in about $15 or $20 billion for the federal government. Carriers wishing to offer new wireless services are currently running into spectrum shortages - one reason why cell phone prices haven't dropped much - so this additional bandwidth is now about as valuable as buildable square-footage in Manhattan...
...slowdown. Despite Asia's torrid growth, consumers in China and India accounted for only $1.6 trillion of the world's spending last year, a tiny fraction of the $9.5 trillion spent by Americans, according to Stephen Roach, head of Morgan Stanley's business in Asia. It's impossible to pull U.S. spending back without sending ripples through the rest of the world...
During the 1999 war, NATO compelled Serbian security forces to pull out of Kosovo, which was then placed under United Nations rule. Kosovo's provisional government, dominated by the province's mostly ethnic Albanian population, is expected to proclaim independence within the next few weeks. Most European Union members and the United States have announced that they will back Kosovo as an independent state, despite fierce opposition by Serbia and Russia...