Word: unveils
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...against destabilizing foreign forces. With unprecedented capital inflows pouring into Thailand, the baht hit a nine-year high in December, making the country's exports more expensive abroad. Meanwhile, other export-reliant nations like China have kept their currencies' appreciation to a minimum, prompting the Bank of Thailand to unveil its ill-fated capital controls. "I've told the International Monetary Fund that they really need to consider restructuring the world financial system because of these imbalances that are hurting small, open economies," says Bank of Thailand governor Tarisa Watanagase. "We need a new world financial order...
MacWorld Expo '07 Apple to unveil new products...
...series of private briefings, he's expected to tell lawmakers that serious criminal charges - possibly including murder - are going to be leveled against as many as five Marines for the bloodbath at Haditha last year. The heads-up comes two weeks before the Marines are expected to publicly unveil the charges the week of Dec. 18 at the Marine base at Camp Pendleton, California...
Indeed, after an extended drought, Nissan is roaring back with what Ghosn calls a "product offensive." New models include the redesigned Sentra sedan, the subcompact Versa hatchback and, coming next year, a crossover called Rogue. At the Los Angeles Auto Show on Nov. 29, Nissan plans to unveil a coupe version of the Altima, due to go on sale next summer. "When you put so much energy and investment in, you're always nervous," says Ghosn. "Until you see the first few months of sales, you have doubts...
Like many other manufacturers attempting a comeback, VW is engineering a revamp that involves both new products and cost cutting. At the Los Angeles auto show in December, the company is expected to unveil a small SUV called the Tiguan, due in 2008. A minivan, to be built in partnership with Chrysler, is also planned for 2008. There's even talk of importing another retro favorite, the Scirocco, which is being revived in Europe. VW aims to double sales in the U.S. over the next five to six years. "If we're going to be a global player, we have...