Word: cheapness
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This argument is a little too convenient, because there's little automakers are expected to do about fuel prices. And it's unlikely that cheap gas really bothers the industry, since the most gas-gorging SUVs have had huge profit margins. Until the recent economic slump and the new era of 0% financing, buyers were willing to pay a premium for autos that aren't very difficult to build. "Take a normal sedan or truck, and just whoosh--blow some air into it--and add a little dimension off the ground," says Nissan's Hirshberg, who designed the Pathfinder. Manufacturers...
...showed that America still knows how to derail international negotiations when it's in the mood. The Doha trade round, which was meant to bring poor countries into the world economy when it launched in 2001, was on the skids last week, after negotiators deadlocked over plans to provide cheap medicine to the developing world. The deadline for an agreement has passed, and passed again. But still the U.S. shows no signs of backing down from its lone veto of a plan agreed on by 143 other countries that would allow the poorest - without manufacturing capabilities of their...
...pair of jeans, and no market is harder to crack. So when the father and son team behind burgeoning Turkish denim brand Mavi set their sights on the New World, people naturally thought they were mad. Even madder, rather than sell their jeans at Wal-Mart on the cheap, as many developing country producers do, the pair went for the gold: fashion-conscious youths willing to fork out $60 a pair. And for more than a year after Mavi began exporting to select U.S. department stores late in 1996, sales were painfully slow. Then came Molly, a line...
...Harvard wasted little time bringing Silverthorn back to reality, knocking him out of the game with four first-period goals. Silverthorn seemed to be rattled by a cheap first goal, which bounced in off a sliding Tim Pettit. The Crimson took a little longer to chase backup David Cann, but he was ultimately pulled for freshman walk-on Scott Annan, who saw his first-ever action. Annan had the best success of any Red Raider goalie, stopping the only shot he faced...
...Many new arrivals?some aid workers use the term internally displaced persons, a designation often given to refugees uprooted by war?become disoriented and depressed. Some take to cheap vodka; brawls are common. But Bayarsakhan says, "I can't afford to drink." Children here are malnourished and sometimes abandoned, says Didi Kalika, who runs a local orphanage. Some residents can't afford heat. Domestic violence flares. Families split. "There have been suicides," whispers Dulamgav, 63, who settled in Chingeltei last year. "The nomads are exhausted," says Rabdan Sambandobji , secretary-general of the Mongolian Red Cross. "If it were only...