Word: signallers
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...that briefly hit three-decade lows last fall are tumbling anew, giving those who missed out another shot at dream mortgage rates, 0% financing on cars, and single-digit credit cards. Falling rates have a dark side: pitiful interest income on bank deposits and other savings. They could also signal economic malaise. So take advantage of the benefits...
...barbed-wire gates, economically and diplomatically. Last month, the authoritarian leadership increased food prices, set artificially low by the government, by as much as 50 fold, while increasing miners' and scientists' salaries by almost as much. Many observers say the reforms, including the elimination of some manufacturing subsidies, signal that Kim is edging toward a market economy instead of perpetuating a system in which North Koreans rely on virtually free handouts from the government...
What happened? Easy. Schröder has to face the voters on Sept. 22, and all the polls signal a sure defeat. His Social Democratic Party has been trailing Edmund Stoiber's Christian Democrats for many weeks, most recently by seven percentage points. Schröder simply cannot clamber out of the hole that is deepened daily by a sinking economy, plummeting stock markets and worsening unemployment. About to end up as a one-term Chancellor, he is playing his last worst card: nationalism with an anti-American tinge...
...youth audience with trendy American and Arab pop music, attempting to get Washington's take on the news across in snippets that infrequently interrupt the Top 40 barrage. So far, only Arab audiences in Jordan, Dubai, and Kuwait have been able to tune in to Radio Sawa (the signal doesn't reach Cairo or Beirut clearly), but its popularity doesn't necessarily signal an acceptance of an American political message. Because its clear in Cairo that many Arabs are happy to go on consuming American products - from cigarettes to radio stations - while remaining fiercely critical of American policies. Just...
Swiss was born four months ago of a hasty merger between the defunct national airline - crippled by a failed expansion plan and the post-Sept. 11 travel drought - and its regional subsidiary Crossair. Banks, private industry and the government chipped in ?1 billion to launch the company. To signal a new era while capitalizing on Swissair's traditional image of quality, the name and logo were changed only slightly. The fleet of 128 planes serves 126 cities in 60 countries, 30% fewer destinations than before the merger. "Some people expect this airline to follow Swissair's model," says Stephane Garelli...