Word: traded
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That kind of presence in emerging markets helps explain why Nokia is blurring the boundary between smart phones and cheaper handsets, and trying to entice customers to trade up. In recent months, the firm has unveiled a slew of devices aimed at developing markets, some costing as little as $60. That might seem a lot to pay for someone earning a few hundred dollars a month, but for many people in places where access to electricity is hit-and-miss at best, a good phone can double as a computer, an MP3 device or even a video player...
...could not get over it," she said of the fine-artwork-filled home that the Marin County couple swapped with her so they could visit their daughter and her new baby. "They got this little, small apartment, and I got this million-dollar home. I laughed at the trade, but they were happy to be near their daughter in Manhattan, so it worked out fine." (See pictures of luxury private islands...
...year-old. And let's be honest: the Declaration of Independence is already hard to read. We are living in the age of social networks and frenzied conversation, composing more e-mails, texting more messages and keeping in touch with more people than ever before. Maybe this is the trade-off. We've given up beauty for speed, artistry for efficiency. And yes, maybe we are a little bit lazy...
...people seen as threats to the ruling Communist Party. Turning it on China's foreign partners, Western observers say, could undermine global commerce. Australian Prime Minister Kevin Rudd, who has made a point of burnishing his country's links to China, said the detention of Hu jeopardizes China's trade relations with his nation and the rest of the world...
...China's economy is tied up with the legitimacy of the government in a very big way," he notes. Foreign mining companies--very much including Australian ones--have profited greatly by feeding China's ravenous appetite for raw materials. But recently, wild fluctuations in commodity prices and friction over trade deals have increased tension between overseas iron-ore suppliers and China's steel producers. The arrests came weeks after the collapse of a bid by state-owned aluminum company Chinalco to invest $19.5 billion in Rio Tinto; the timing has prompted some observers to suggest that the charges are retaliatory...