Word: second-largest
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...says, with the confidence of years of training. It's not just superior technology that makes Japan's military better in many ways to its Asian neighbors, but superior human capital - not unlike the formula Japan used to become the world's second-largest economy...
...difference to them - or to the European governments and companies that are resisting it. "There's a great amount of interest [in investing], " National Iranian Oil Company Director Gholam Hossein Nozari told a recent industry conference in Vienna. Iran's state-owned oil company, which controls the world's second-largest oil and natural-gas reserves, is auctioning 17 oil blocks that could attract nearly $600 million in foreign investment. Norway's Statoil ASA, Russia's OAO Lukoil Austria's OMV AG, and Spain's Repsol SA were involved in the two-day conference in Vienna, where the tenders...
...Sciences, department heads were cautious in forecasting the impact of secondary fields. “No one was able to predict, or pretend to predict, what secondary fields would mean for large departments,” said Nancy L. Rosenblum, the chair of the Government Department, home to the second-largest concentration after economics. Part of the impetus for implementing secondary fields was to attract more students to smaller departments as secondary concentrators, according to Rosenblum. Some professors, including Rosenblum, argued that it remains to be seen whether such a shift will actually occur.Deborah Foster, the director of undergraduate studies...
...chief executive of Trumpf, a German family-owned machine-tool firm. It has enjoyed a surge in worldwide orders over the past three years, with sales jumping 35% since 2004. Demand from the U.S., the firm's second-largest market after Germany, has accounted for a significant part of this growth. But even though the pace of American orders is now slowing, Trumpf's sales elsewhere-from Saudi Arabia to Singapore, and especially back home in Germany-continue to rack up double-digit growth rates. "We can feel the U.S. slowdown, but it's not unsettling. There's no crash...
...pricey eats were an edible reminder that corporate Japan still has liquidity to burn. China's incredible growth may hog the headlines, but Japan is still the world's second-largest economy, and it's enjoying a resurgence. And the fact that this seems to have been forgotten by the world's first-largest economy remains a bit a sore point here. Or as one Diet member told me that day: "Hey! We're Number Two!" It's not that Japan wants a trade war again, but you know, it is nice to be noticed...