Word: toughers
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...plants in far-flung places from China to the Czech Republic, Toyota has added capacity for an additional 1.5 million vehicles a year by 2006, bringing annual production to 8.5 million vehicles. That's a lot of metal to move at a profit, and it's only getting tougher. Rising commodity and energy prices are increasing manufacturing costs. And looming interest-rate hikes, the bane of new-car sales, may make even today's volume tough to sustain...
Prime Minister Shimon Peres' national unity government is under pressure, especially from the extreme right, to take a tougher line on Arab terrorism. Kahane, who advocates expulsion of all Arabs from Israel, the West Bank and the Gaza Strip, is gaining popularity, as is Tehiya, a small, right-wing party. A poll printed at week's end by the daily newspaper Ma'ariv showed that if elections were held today, Kahane's Kach Party would increase its seats in the Knesset from one to five, while Tehiya would go from five to nine. Kahane, whose anti-Arab views strike...
That deal also looks promising to Signal Chairman Forrest Shumway. Both he and Hennessy confidently predict that the merged company will become a much tougher competitor around the globe. "I think that when you're competing in the international market, size is a very important factor because some of the European and Asian combines are very, very large," says Shumway. "Mergers that you know couldn't have been approved several years ago are now being approved because I think the Government has realized that if you're going to compete with some of these foreign Goliaths, you can't have...
...Estenssoro, who has been elected President three times before, will need all his political skills to defeat an even tougher opponent: Bolivia's ravaged economy. La Paz business groups estimate that the country's annual inflation rate will reach 30,000% this year. One of the new President's first acts was to announce an austerity program that included devaluation of the peso and renegotiation of the country's $4.8 billion foreign debt. ITALY The Mafia's Double Strike...
...relay Washington's concerns about the growing Communist insurgency in the country. "There appears to be a go signal from Washington to Marcos to tighten the screws on protesters," said Homobono Adaza, an opposition member of the Filipino National Assembly. At midweek Marcos warned that the police will take tougher measures against street protesters. The demonstrations against his rule, he told a group of visiting U.S. war veterans, were inspired by Communists...