Word: timing
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Dates: during 2000-2009
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...TIME's Pictures of the Week...
...Renault, which has a tie-up with India's Bajaj Auto, is taking on the 660 cc-engine Nano by developing its own low-priced city car that will be constructed partially of motorcycle parts to save costs. (See the 12 most important cars of all time...
...cars in India to avoid high import levies of up to 120% and to minimize production costs. Volkswagen, for example, plans to increase sourcing parts locally from 50% currently to 80% in the next two years, according to Joerg Mueller, head of the German carmaker's India group. (Watch TIME's video "Owning a Nano, the World's Cheapest...
...prompted many in Washington to score Obama's outreach effort a failure. "I don't think anyone can doubt that our outreach has produced very little in terms of any kind of positive response from the Iranians," Secretary of State Hillary Clinton said last week. (Watch a video of TIME's interview with Ahmadinejad...
...Tehran insists that it has not, in fact, rejected the deal that would see the country exchange three quarters of its current enriched uranium stockpile for reactor fuel. Foreign Minister Manoucher Mottaki says Tehran simply wants to ship out its uranium in smaller parcels and over a longer time period, rather than in the single immediate shipment demanded by the West. But the Western powers are unwilling to change the terms of the deal, because their prime objective is to deplete Iran's stockpile in order to temporarily remove its capacity to build a bomb. (See pictures of people around...