Word: slowdowns
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...Germany, has accounted for a significant part of this growth. But even though the pace of American orders is now slowing, Trumpf's sales elsewhere-from Saudi Arabia to Singapore, and especially back home in Germany-continue to rack up double-digit growth rates. "We can feel the U.S. slowdown, but it's not unsettling. There's no crash," Leibinger-Kamm?ller says. The continuing buoyancy of global trade "is amazing. We have to keep telling ourselves: Careful, this can't last...
...urgency as the once hot U.S. housing market has cooled, putting a chill on the rest of the domestic economy. U.S. GDP growth dropped to 2% in the third quarter, less than half the blistering 5.6% rate of the first three months of 2006. The prospect of a continuing slowdown has sent shivers of concern from Bangkok to Bordeaux...
...Asia was affected. As traffic was re-routed, networks on other continents were swamped with the digital overflow. "Our (corporate network) based in Germany has been completely clogged," says Ken Oka, who works for an IT consulting company in Tokyo. "All the re-routed traffic has been causing a slowdown in other parts of the world...
...currency, was temporarily suspended on Wednesday because networks were down. In Singapore, after-hours trading in crude oil futures was disrupted because brokers could not access market information from the U.S. Hing-fung Wong, a spokesman for the Hong Kong Monetary Association, says he heard reports of some slowdown in Internet banking services, but there was evidently no major gridlock. The Bloomberg financial news service was unavailable to many companies throughout the region on Wednesday...
...institutional crisis. The air traffic controllers on duty the day of the disaster were removed pending further inquiries, causing manpower shortages. Those that remain on the job are angry at the levels of on-the-job stress, overwork and low pay and as a result are on a work slowdown. Problems with fiberoptic cables and radio transmitters have cut communications and left passengers stranded at airports. Hundreds of flights have been cancelled and many days a third take off late. Irate travelers have threatened staff, trashed check-in counters and even stormed the tarmac in protest...