Word: steeled
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...atms?a concept considered revolutionary here. Shinsei offers savers returns higher than those of traditional banks, at which, Yashiro notes, the annual interest income on a 1 million yen deposit?about $7,700?is worth the equivalent of two bus tickets. The lobby of Shinsei's steel-and-glass headquarters in central Tokyo looks more like an Internet cafE than a bank, with customers lounging at flat-screen computers while making transactions and checking stock quotes. Other bank branches share space with Starbucks...
...Steel Wars President George W. Bush provoked outrage and formal complaints from America's major trading partners after imposing tariffs of up to 30% on foreign steel imports. E.U. trade Commissioner Pascal Lamy said the "shortsighted" move broke international trade rules and filed a formal complaint with the World Trade Organization. Several other countries including Japan and Russia followed suit. Bush said the measures were "temporary safeguards" to allow the restructuring of the U.S. steel industry. But E.U. member states, fearing a diversion of steel imports into Europe, said they would seek compensation...
...axis of evil." But last week, U.S. unilateralism struck an especially sensitive part of Europeans' anatomy: their pocket books. In a decision that seems directly to contradict the free-market gospel that is America's chief political export, Bush imposed protectionist tariffs of 8% to 30% on foreign steel...
...Remind grousing Brazil that they've been allotted a generous 52 percent of the 5.4-million-ton slab-steel quota. And if they want to be treated like exempted NAFTA members Mexico and Canada, well, the Free Trade Association of the Americas (FTAA) negotiations - a Western Hemisphere version of NAFTA - kick off in 2005, which just happens to be three years away. Remind the Russians that they've been allotted 25 percent of that same slab-steel quota, and that if they want to be treated even better, like special-exemption Turkey, they could always be more helpful...
...Make sure he gets paid. Zoellick, embarrassed enough, didn't get specific Tuesday about how the decision helped Bush "manage the home front," but everybody knew what he was talking about. The White House can now go to the steel unions and rust-belt congressmen Bush just bailed out and present the bill: Passage of fast track...