Word: wealthier
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...French carmaker Renault introduced the midsize Logan in 2004, it expected to sell the bulk of the basic sedans in Eastern Europe. But the Logan, which Renault builds in Romania and Russia and costs as little as $7,200--about 40% less than rival sedans--quickly took off in wealthier Western Europe as well. The car now sells in more than 50 countries, and Renault is struggling to meet demand. "Our aim is to produce the most affordable car in its segment, and because we're doing that well, we're starting to see more affluent buyers and families buying...
...imposing an "individual mandate" - a requirement that those who do not get coverage from their employers go out and purchase it themselves - but also by offering tax breaks and other incentives to make that affordable. It would be financed in part by eliminating President Bush's tax cuts for wealthier Americans...
...upmarket foreign investment in St. Andrews, a town of 17,000 where tourism accounts for roughly 1,700 jobs and $120 million in income annually. An organization called St. Andrews World Class has dedicated $22 million in taxpayer money to sprucing up the infrastructure in the hope of attracting wealthier visitors...
...Renault introduced the midsize Logan in 2004, it expected to sell the vast bulk of the basic sedans in Eastern Europe. But the Logan, which Renault builds in Romania and Russia and which costs as little as $7,200 - about 40% less than rival sedans - quickly took off in wealthier Western Europe as well. The car now sells in more than 50 countries and Renault is struggling to meet demand. "Our aim is to produce the most affordable car in its segment, and because we're doing that well, we're starting to see more affluent buyers and families buying...
...economy, they say, but now it's in everybody's interest for China to reduce its trade surplus by boosting its consumer spending and letting its currency steadily rise. The U.S. would benefit because its exports would increase; China would benefit because a stronger currency would make its citizens wealthier, increase its global economic clout and keep inflation down...