Word: shifting
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Dates: during 2000-2009
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...idea of an APEC free-trade area." This year came a free-trade agreement between the U.S. and Korea. "Nobody expected that to happen," Oxley says. "It's resulted in a very serious look in Japan at doing an FTA with the Americans. And that has been a paradigm shift." If the U.S. and Japan sign a deal, an APEC free-trade area will start to enter the realm of the possible...
...Kudos to Stein, with a shared sigh of relief, for his farewell to the Weekly World News. One can only hope that its demise does in fact signal the decline of American credulity and not just a shift to other fairy tales still told in churches, mosques and temples across the country. Jonathan Chong Colorado Springs, Colorado...
...would like to see Washington encourage this trend. "There needs to be a shift of mortgage risk back into the banking industry," he says. "There's risk--it's not gonna go away--but we need to have it in banks." The banks and thrifts have natural incentives to ferret out and manage credit risk. They're also in a better position than dispersed mortgage markets to restructure troubled loans. And it looks as if the regulators who oversee them may have learned from experience how to prevent financial crises rather than cause them...
Boeing is planning to shift the emphasis on speed to the production line. It took a page from lean manufacturing to help manage its restructured partner base and outsourcing of parts. The company has pushed outsourcing to new levels, about 70% of the aircraft. (Boeing and Airbus both averaged about 50% on previous jets.) The change in supply management has increased competition among suppliers and subcontractors, which will allow Boeing to speed up final assembly of the 787. The goal is three days, in contrast to 14 days for the 777. Boeing hopes to produce up to 16 aircraft...
Kudos to Stein, with a shared sigh of relief, for his farewell to the Weekly World News. One can only hope that its demise does in fact signal the decline of American credulity and not just a shift to other fairy tales still told in churches, mosques and temples across the country...