Word: willingness
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When Tata first suggested an ultra-cheap car a few years ago, other manufacturers initially scoffed, saying the project was a pipe dream. But if Tata lures away even 10% of the 6.5 million Indians who buy motorbikes every year, not only will it have a hit on its hands...
Christopher Barrett, an economist at Cornell University who has studied food aid programs, said CARE's decision to abandon monetized food aid removes the taboo that has surrounded discussion over whether U.S. grain shipped to hungry mouths could actually be harmful. "The fact that they are willing to forgo significant...
Which raised an essential question about Republicans this year: Given the Bush debacle and the possibility of a Democratic victory in 2008, how crazy are they willing to get? Are they tempted to pull another Goldwater and lose spectacularly, on principle, as they did in 1964? If the straw poll...
No wonder that last week, central banks - like a frazzled mother jamming a pacifier into a wailing infant's mouth - rushed in to try to calm the incipient panic, shoving $300 billion of fresh cash into the credit markets to make sure they didn't seize up entirely. (The Bank...
In scenes reminiscent of Britain's infamous trade of stolen gadgets in pubs, furtive traders today knock at the backdoor of upscale restaurants offering a new contraband: caviar. London's hordes of Russian oligarchs and hedge-fund yuppies have sent demand soaring for "black gold," with top varieties such as...