Word: shippings
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...trade barriers that impedes commerce. A model to emulate would be the establishment of the E.U., which made it far easier for companies to import and export their goods within Europe, says HSBC's Webb. Establishing a common Asian currency similar to the euro would allow companies to ship goods or arrange credit with less exposure to currency risk. "A barrier to trade over the last year in Asia has been fluctuating currencies," Webb says. "For a small- to medium-sized business, it could mean the difference between profit and loss...
What is clear is that pressure for a solution is growing. After threatening to kill the hostages in threes until their comrades were returned, the pirates on the Alakrana removed a trio of hostages from the ship and brought them to shore on Nov. 6. Although the Spanish Ministry of Foreign Affairs says the three have since been safely returned onboard, Andrew Mwangura, director of the East African Seafarers Assistance Program, which is involved in the negotiations, denies the claim. "The three are not on the ship," he says. (Read "How China Is Battling Its Pirate Problem...
...lack of education, a criminal record, poor fitness or all of the above. In the wake of the Pentagon's findings, nearly 100 retired and active-duty military commanders have launched "Mission: Readiness," a report on why America's youth needs to shape up if they want to ship out. (See TIME's photo essay "100 Years of the U.S. Army Reserve...
These tensions are well within the boundaries of normal, creative policymaking. There is absolutely no indication that the Secretary is frustrated to the point of jumping ship - or returning to politics as a candidate for governor of New York, as has been rumored. Quite the contrary, she seems intent on making history as Secretary of State. To do that, though, she will have to have the same authority at home as she has abroad. She will have to become the President's primary foreign policy voice. Over the first nine months of the Obama Administration, seven different Obama officials have...
...Crimson struggled early at the 68th Erwin Schell Trophy, but Himler and fellow junior skipper Alan Palmer righted the ship, helping the squad to solid performances across the board. In the A division, Palmer led his boat to a fifth-place showing, pairing primarily with senior Winston Yan on Saturday before junior Grace Charles took over as crew on Sunday. The second duo notched four top-five finishes to lower the boat score to 148 points...