Word: sectors
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Even without new U.N. measures in place, one area where the U.S. has been successful in imposing its unilateral sanctions is in the financial sector, where it uses the leverage of threatened exclusion from the American financial system to press Dubai's financial services industry into observing U.S. curbs. Iranians in Dubai say they find it increasingly difficult to get credit, even for workaday business dealings. "We have to pay full amounts to the supplier in order to ship the goods to us," says Morteza Masoumzadeh, deputy executive director of the Iranian Business Council in Dubai, whose shipping company focuses...
...reach that conclusion, Hunt combed through data collected by the National Science Foundation in 1993 and 2003 on some 200,000 college graduates. Her first finding was that women actually don't leave jobs in science at an above average rate. The difference, Hunt found, comes from the engineering sector. (See a special report on the state of the American woman...
...expansion of the financial-services sector and growth of the British economy masked a sharp decline in manufacturing. Faced with Britain's notoriously tetchy industrial relations and high costs, many companies chose to relocate their factories to countries offering more pliant workforces and cheaper real estate. With the strength of the pound making its Dagenham plant look wincingly expensive compared with similar subsidiaries in other countries, Ford closed its car-production lines there in 2002 after 71 years. Dagenham MP Cruddas describes the resulting job losses and social tumult as "globalization ripping through a microclimate at great speed...
...Still, many analysts believe the sector has stabilized enough to continue rebounding on its own, albeit at a painfully slow pace. "It's not going to look like a V-shaped recovery in the housing market. It's going to be one flat, long hockey stick, with anemic growth," says Mark Fleming, chief economist at First American CoreLogic...
...long as it's legitimate, as long as we don't add to our kids' debt. And so I'm open and willing to negotiate on any area of waste in the federal government that we could eliminate to pay for it." (See which U.S. jobs are now available, sector by sector...