Word: sectoral
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...Will being a “superwoman” really make you happy? Will you be satisfied with children and family as your sole occupation? Have you secretly wished you could apply your higher education degree(s) in an innovative way, to benefit the non-profit sector, or social justice, or domestic education? Will you think of yourself as complete without children? Would you adopt children? What if you decide marriage is not for you? What kind of doctor, lawyer, or businesswoman do you intend to be? Or is there a different job that would...
...tightened credit but because the market has done so. In late 2006 some cracks in the credit system were already becoming visible when several sub-prime lenders went out of business as home prices began to decline. Lending standards quickly tightened and as credit flows into housing slowed, the sector experienced some illiquidity. Consumption growth waned and the rate of growth of the U.S. current-account deficit, which is the principal driver of international liquidity, decelerated. The impact wasn't felt right away, not least because Japanese and foreign investors continued to borrow in Yen and invest in higher-yielding...
...Dutch airline KLM, creating a dual-hub network with considerable global reach. Skeptics predicted the marriage would founder on Dutch resentment of notoriously overbearing French handling of past binational mergers. Yet the partnership has not only functioned better than management or labor had hoped, but has also established the sector's standard for future linkups. "Everyone else is now trying to follow. Some airlines are actually seeking to replicate it to the smallest details," says Yan Derocles, an analyst with Paris brokerage Oddo Securities. "It's got virtually the entire world covered and has the size and reach...
While Alitalia represents a final chapter in the consolidation of European flag carriers, Spinetta insists that the next big development in the sector--transatlantic deregulation--will send shock waves around the globe. The U.S. and E.U. recently agreed on a long-sought open-skies accord. "And things change considerably from there. That won't just lead to reinforced partnerships between airlines but will also encourage other open-skies treaties between the U.S. and Asia, and Asia and the E.U." In other words, the real battle of the world's skies is only starting--just as Air France can feel confident...
...finance businesses. "If I could sit down with Presidents Bush and Calderon in Merida, I would say, 'Look, if you want to reduce illegal immigration then help us for once build a financial system where those migrants come from,'" says Isabel Cruz, director of the Mexican Association of Social Sector Credit Unions in Mexico City. "NAFTA [the North American Free Trade Agreement] frankly hasn't done...