Word: tradings
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...Moreover, it's highly likely that McGraw-Hill, unlike Forbes or Time Inc., does not see running a consumer magazine as a core business. What McGraw-Hill does best is provide specialized information: trade magazines, financial-services data, textbooks. The news business is not in its DNA, just as business journalism wasn't in Conde Nast's. Business Week was a stepchild tolerated only as it more or less paid its own way and offered prestige. Once it became a burden, it needed to be hustled off the estate...
...sharp drop in demand for Alberta oil, plus auto-plant shutdowns in Ontario, have pushed Canada's trade deficit for May to an all-time high of $1.2 billion. This is in contrast to to a much smaller merchandise-trade deficit of $346 million reported in April and a healthy surplus of $979 million in March, according to the government agency Statistics Canada. (See 10 things to buy during the recession...
...Things are really bad here in Canada," says Jayson Myers, president of Canadian Manufacturers & Exporters, the country's largest trade and industry association. "Our manufacturing and export performance is the worst it's been since the end of World War II." He points to a 30% reduction in manufacturing orders over a six-month period ending in March 2009 and a loss of 221,000 manufacturing jobs in the past 12 months as evidence of the deepening crisis...
...know? It's truly one of the great institutions in the world. There's very little they cannot do when they set their minds to it. The "Son of Sam" serial-killer case was solved by real detective work. They landed helicopters on the roof of the World Trade Center in 1993 to rescue victims after the bombing. But at the same time, it is a deeply flawed institution, beginning with the leadership of the department and leadership at City Hall. There are egos that are out of control, and there's very little or no civilian accountability...
...large factor in the regional silence, according to local analysts, is trade. "There are other political and economic interests and challenges," says Hala Mustafa, editor-in-chief of Egypt's government-affiliated Al-Ahram Quarterly Democracy Review. China has a significant economic presence in the Middle East, particularly where it fills the gaps left by U.S. sanctions. According to U.S. government statistics, China is both Iran and Sudan's biggest trade partner, and either the main or secondary source of imports for most of the other countries in the region. (Read "How Iran Might Beat Future Sanctions: The China Card...