Word: steeles
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...violence-prone Middle East, the Cairo airport is a virtual armed camp. Only ticketed passengers are admitted to the terminal. Steel barriers separate check-in counters from the rest of the building, which is under constant guard. Passengers undergo three passport checks. Hand luggage is searched, and checked baggage must be identified. Passengers are patted down before being bused to their planes. A final inspection is conducted at the aircraft door...
...upswings." Imports are cheaper, wage increases are modest, and governments are reducing budget deficits. At the same time, Lundgren found that Europeans, on the political left as well as the right, have learned to accept the need for free-market solutions, even if it means shutting down loss-making steel mills and shipyards. Jean-Marie Chevalier, professor-of economics at the University of Paris Nord, also noted the growth of a new entrepreneurial spirit that helps growth...
Economic reform has been slow in both Spain and Portugal since the two countries ended authoritarian regimes and established democratic governments in the 1970s. The Spanish government has encouraged the shrinking of old-line industries, including steel and shipbuilding, as a way of shifting resources to businesses with brighter futures. But in the process, unemployment has risen to about 20%, from 5.3% in 1977. in Portugal, political instability, which has resulted in 16 governments in the past twelve years, has held back economic progress. The country's per capita annual income is $1,900, less than a third...
...proposed changes would make mergers less difficult for rivals in industries beset by imports, like steel and apparel. Among other reforms, they would ease penalties in antitrust suits brought by one company against another and would make it harder for courts to block a merger on grounds that the combined firm might eventually become a monopoly...
Your story on lobbying was an eye-opener. It says much about the state of our republic that so many former public officials can land private sinecures and then use these positions to undermine the policies they once upheld. In some countries, lobbyists would be called double agents. Eric Steel Oakland...