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...true business growth. Randy Cass, founder of First Coverage Inc., a financial-services-research company, agrees, noting that "2010 will be much more of a 'show me' type of year," in which investors demand clear data indicating that company fundamentals back up the run-up in stock prices seen...
...about $3 an hour. They live in tents or shacks pitched inside abandoned buildings, without appliances, plumbing or health care. Italian society supports the system by keeping the immigrants on its margins. Services are few and far between, mainly provided by religious organizations. Non-Italian police are rarely seen, and only one nonwhite serves in Parliament. Many immigrants simply do not report crimes against them. Disappearances are frequent - the Polish government is still looking for more than 100 Polish migrants who vanished from the tomato farms of Puglia in 2006, some of whom are believed to have been killed...
...decades, Vietnam's economic growth has been the envy of its developing neighbors in southeast Asia. In the last 20 years, GDP growth has fallen only once below 5%, typically hovering around 8% as the single-party state has attracted tens of billions of dollars in foreign investment and seen poverty rates drop below that of India, China and the Philippines...
...Still, Vietnam remains a potentially lucrative growth market that had a stronger than expected showing at the end of 2009, and it remains to be seen if the Jetstar Pacific imbroglio will significantly deter new foreign investors. Even though Communist hardliners have clamped down on some freedoms, the government nonetheless promised in November it would soon allow foreigners to own 49% of local businesses, up from 30%. As Vietnam's Communist Party encourages economic growth without wanting to let go of power, it's only setting itself up for more clashes with foreign partners...
...further rows seem inevitable. Turkey's newfound ambition to become a major regional power broker has seen an energetic forging of ties with Arab and Central Asian countries. Asserting a foreign policy increasingly independent of Washington, Turkey has not hesitated to criticize Israel's actions against the Palestinians, defend Iran's nuclear program and expand economic ties at a moment when the U.S. seeks to isolate Tehran, and repair relations with Syria. Israel's leaders warn publicly that they believe Turkey is moving into the region's Islamist orbit, and hard-liners within Prime Minister Benjamin Netanyahu's coalition government...