Word: tobacco
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...borrowing just to pay off the interest, a situation that could choke the economy's recent growth. The trouble is, the President has virtually no mandate to push through the painful fiscal measures needed to cut the mounting deficit. Unpopular plans to tax SMS messages and raise duties on tobacco and alcohol have already been scrapped. And Arroyo is now expected to deliver on a raft of expensive campaign promises that, politically, she can't afford to drop. Add an unresolved terrorism threat and the possibility of another "People Power" revolt, and you might wonder why anyone would fight...
Serbia's tabloids know who killed Zoran Djindjic, the Prime Minister assassinated on a Belgrade street just over a year ago. It was Big Tobacco, angry at his planned sale of the lucrative state-owned tobacco company. Or it was Britain's sas, punishing him for asserting too much independence from the West. Or it was the CIA because, well, because they're the CIA. One former government official even insisted to Time that Djindjic ordered a fake hit on himself, so that in the aftermath he could impose a state of emergency and cement his hold on power. According...
Filmmaker and visiting lecturer Ross McElwee has completed the new film Bright Leaves, which, lauded by critics from The New York Times to Time magazine, is due for national distribution in the fall. The film tells the social, economic and psychological tale of a journey across the tobacco terrain of North Carolina by a native Carolinian whose great-grandfather created a famous brand of tobacco. It describes the appeal of cigarettes and their legacy in North Carolina...
...career in the House of Representatives—representing Louisville, Ky., my hometown—my first responsibility was to my constituents, though I always kept in mind the needs, as I saw them, of the nation and the world on issues such as immigration, gun control and tobacco...
...immigrant business owners is often the exit strategy. Though both have worked in the business, Perez-Carillo's son Ernesto III, 22, is a recent Stanford grad and consultant, and his daughter Lissette McPhillips, 30, is a lawyer. So Perez-Carillo knew he faced a choice in 1999 when tobacco company Swedish Match offered to buy El Credito for a reported $20 million. He sold. "Most people would have thought, Millions and millions of dollars--this is my dream, my dream has come true," says McPhillips. But for her father, "there was a sadness there." Perez-Carillo now works...