Word: exportable
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Dates: during 2000-2009
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...global financial crisis begins to take its toll on the real economy, Germany's export machine has hit a wall. German exports fell 2.5% in August, the sharpest fall since 2003, as consumers and companies around the world cancel orders for everything from high-end industrial equipment to chemicals...
...Europe tries to adjust to falling demand for its cars. Opel was one of the first western firms to set up shop in Eisenach after the fall of the wall in 1989. The factory, which employs some 1,800 people, now produces GM's popular Corsa model for export around Europe and beyond. The town (population 40,000) has also become home to suppliers such as component maker Bosch, machine servicing firm Hormann, and Lear, which makes seats for the Corsa. "Eisenach lives from Opel," says Uwe Laubach, head of the local branch of the IG Metall union...
...export-driven economies in Asia, there is little to do but wait and hope that the U.S. and Europe will find the right medicine. "We [in Asia] remain spectators in a sport in which spectators get hurt," Mowat wrote in a recent report...
...real egg industry fear is not that California will import its eggs, but rather that it will export its higher welfare standards. When asked why out-of-state egg producers oppose the proposition, Samson conceded they fear “longer-term ramifications” against caged production. After similar ballot initiatives against pig and veal calf confinement in Florida and Arizona in 2002 and 2006 respectively, industry took the message. Smithfield Farms, one of the nation’s largest pig producers, announced it would phase out narrow gestation crates, and even Burger King promised to adopt more cage...
...decision to cut interest rates could cheer Asian investors concerned that a deep economic slump in the West will derail Asia's export-driven economies. The quandary facing Asia's policymakers is that credit is tightening and stocks are plunging due to circumstances mostly beyond their control. "Central banks in Asia don't have the ability to fix the problem," said Kirby Daley, senior strategist at financial services firm Newedge Group in Hong Kong...