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...Buttressing that sort of attitude are the limited ways in which Chinese citizens can put their nest eggs to work. Bank interest rates remain regulated and miserly - offering less than 1% return on a standard savings account - and China has only just begun to open the door to its citizens being able to invest legally abroad. For most savers, that leaves real estate or the stock market - and if an apartment is the equivalent of a bar of gold, the stock market is the equivalent of a casino. Generally speaking, the Chinese love to gamble, but they love their bars...
...adds that at night, masked Taliban fighters appear at houses and threaten to behead people if they work with the government. The insurgents need the farmers to stick with the poppy. According to U.N. experts, last year the Taliban reaped nearly $300 million from the drug trade; Afghan officials put the figure far lower, from $80 million to $100 million. Even at the low estimate, says a Western counternarcotics agent, "that's still enough to fuel the insurgency for a year." Nearly all of the Taliban's drug profits came from Helmand province, and a big chunk came from Marjah...
...current business is in North America, 40% in the rest of the world. Allen knows that ratio will change drastically. "Emerging markets hold the most potential," Buckingham Research Group analyst Joel Tiss says. "It makes no sense to open a new dealership in Dubuque, Iowa, anymore when they could put it in Santiago, Chile, where they can do 10 times the volume." Sales in South America are expected to rise as much...
Likewise, Russia and Eastern Europe offer potential. Russia has arable land and an aging Soviet fleet of farm equipment, and the government has put a priority on being self-sufficient in food and agriculture. The recession has made financing hard to come by in the region, but "Deere is planting the seeds for when the markets normalize," says Lawrence De Maria, an analyst at the New York brokerage firm Sterne Agee. Still, De Maria adds, "it's sticking with assembly factories for now so that if they had to pick up and leave, it wouldn't kill the shareholders...
...junior right fielder Joey Smith in the top of the second. But the 49ers soon changed the tone of the game, after Charlotte scored nine runs in the bottom of the third inning. First baseman Ryan Rivers was the first to strike, sending center fielder Cory Tilton home to put his team on the scoreboard. Rivers soon crossed the plate off a wild pitch from sophomore Brent Suter. Suter allowed seven runs before he was replaced by Matt Doyle. The freshman allowed two more runs before 49ers’ designated hitter Zane Williams struck out swinging...